Thursday, February 10, 2011

Interest Rates will be going up!

We've been talking about this and we've been anticipating this too.
There was a panel of housing industry experts on the Diane Rheme Show on NPR today talking about Fannie Mae and Freddie Mac.

There are new lending guidelines, new stop-gap measures and a new way of FHA financing.

The result is that interest rates will go up this year.

Now is the time to buy, folks!
Is anyone out there?
Call me.
698-5675

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