Mortgage applications at lowest since November....Borrowing costs have soared as bond yields have risen (from cnnmoney.com).
Buyers who are on the fence, better jump off and make their move now. Interest rates are rising and it doesn't look like they will be returning to the lows we saw just 2 weeks ago. Today, the auction of 10 year Treasury notes was disappointing and oil prices jumped yet again causing further upward pressure on rates.
Last Thursday I broadcast a webinar, Why Now is the Time to Buy- Language, Tools and Strategies for Agents working With Buyers. It was hosted by mysoi.com and you can watch it in it's entirety by clicking this link. LISTEN, LEARN, AND EARN!!!!!!!!!
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