Thursday, August 25, 2011

Low Low Low

After a long unexplained absense, I'm back to tell you folks that rates are great! They are low, low low. An average 30 year FHA fixed (this is the route that most first time home buyers will go) is just above 4%. Thats the lowest EVER!
The last time rates were ever this low was in the 1950s, and a 30 year loan wasn't even available at that time. Most loans back then were 20 year commitments.
So, folks.... Pleezeee get off that fence. Call a Realtor and stop waiting around.
Got it?