In the tradition of New Year’s Predictions I am going to predict that 2009 will be the Year of the First Time Home Buyer. The nice part about this is, it truly is an environment for First Time Home Buyers rather than the false promises some real estate practitioners and bureaucrats pushed several years ago, [...]
Yes, we may see 4.5% mortgage rates!
January 2, 2009 By
You’ve heard the rumors floated in the media for over a month now and on Tuesday, the Fed announced it would start buying Mortgage Backed Securities in early January. So what does this mean for you, future home buyer? What this move does is add liquidity to the mortgage markets, which means interest rates should [...]
