If you have been following some of my previous articles, you are well aware of the importance I place on interest rates when evaluating deals. In many cases, the interest rate is far more important than the actual purchase price of the property. Because of this, I have not been surprised at the sudden influx of calls that I have been receiving this past week. With the government’s recent takeover of Fannie Mae and Freddie Mac, interest rates have been dropping sharply. In fact, according to an MSNBC article, after bailout, mortgage rates hit five-month low! If you have been on the fence about buying a property, give me a call - now just might be the right time for you to make a move.

This entry was posted on Saturday, September 13th, 2008 at 11:05 am and is filed under Home Buyers, Investing, Real Estate. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.