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!!!!!!!!!
Showing posts with label mortgage. Show all posts
Showing posts with label mortgage. Show all posts
Wednesday, June 10, 2009
Wednesday, March 18, 2009
CRAMER IS SCREAMING!!!!
NOW IS THE TIME TO REFINANCE!!!!In today's article, Stop Trading!;Refinance, Cramer says, “Right now I have never seen a moment where the Federal Reserve is saying, ‘Here’s cheap money…Get back involved!”
So run, don't walk, to have a sit down with your loan officer to analyze your current situation and the new financing options that are available.
Labels:
economy,
federal reserve,
housing,
mortgage,
refinance
Thursday, January 29, 2009
Is it Time to Buy a Home?

From Newsweek.com: Low interest rates, foreclosure bargains are luring some back into the real estate market. Click here for the full article… http://www.newsweek.com/id/182050
Labels:
first time home buyers,
housing market,
mortgage,
real estate,
resales
Wednesday, January 28, 2009
NOW IS THE TIME TO BUY

Fed Will Keep Rates Low, Money Flowing to Banks
The Federal Reserve signaled it will keep using unconventional tools to cushion the fallout, including keeping interest rates at a record low for "some time."
The Federal Reserve signaled it will keep using unconventional tools to cushion the fallout, including keeping interest rates at a record low for "some time."
From cnbc.com
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