Showing posts with label interest rates. Show all posts
Showing posts with label interest rates. Show all posts

Saturday, September 14, 2013

BUY NOW OR PAY LATER!?!?

It costs $85,000,000,000 a month to keep interest rates down for you!!!
This can not last. The Fed will announce on September 18th just how much they are going to start reducing it each month. They use the word "taper" but realize that means by Spring 2014 real interest rates will appear and that will mean much less house for your money. So, whether you are buying or selling, get off the fence and call me today!!! Mary Lynn Durfee 706.835.7616

http://www.moneynews.com/FinanceNews/Mirhaydari-Fed-taper-10-billion/2013/09/13/id/525513?ns_mail_uid=54072265&ns_mail_job=1537485_09132013&promo_code=14DDD-1

Friday, March 8, 2013

Buyers or Sellers on the fence? Interest Rates ARE Going to Go Up!!!

I think we're good until the end of the year - 4.4% is still a very good rate. But, I think by Spring 2014 we will have another giant leap in rates. If you have cash to purchase a home, you may think you're in a good position and you would be, but is it not better to finance at a low rate and then keep your money in the bank when the rates go up? Just a thought. For Sellers, it's time to make a deal work and not hold on for a few more bucks, because the interest rate going up means prices going down for you...