Thursday, December 4, 2008

Mortgage Rates Drop on Fed Action!

Due to economic rescue actions by the Federal Reserve and Federal Home Loan Banks, mortgage rates are at their lowest point this year!

If you have been on the fence about buying or refinancing a home, now is the time to act.

Interest rates are extremely low and home prices in some areas are at 2003-2004 levels. Add to that recent declines in energy prices and lower consumer interest rates, and you have a great holiday recipe for success.

Don’t wait until next week. Call me today and get pre-approved. Rates have been very volatile and this great opportunity might not survive the holidays!

In many markets, falling prices are bringing out buyers who have been waiting patiently to buy, and now they are scooping up great bargains and hot properties.

Whether you are looking to buy or refinance, I am here to help.

Don’t wait – call today! See www.sherryconnor.com for contact information.

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