Mortgage Interest Rates May Go Lower
Posted by Hamid Grinage on Wednesday, September 26th, 2012 at 2:43pm.We have had historically low interest rates for quite some time, it's amazing to think that there was a time in the 70's and 80's when interest rates were as high as 18%! Amazingly, when the FED met last week they announced that a new infusion of cash into the economy could lead to even lower mortgage interest rates. Of course nothing is for sure, but that would be an extra boost to the housing recovery..assuming buyers took advantage of it. I guess only time will tell.
Print
ShareBe the first to comment on this blog entry!
Leave a Comment
My Account
Register
Recent Blog Posts
Oakland Mayor Hosts Housing Resource and Foreclosure Prevention Clinic
Oakland's Mayor Jean Quan and Assembly member Sandre Swanson are hosting an event aimed at helping homeowners keep their home... Add Comment Read MoreCarbon Monoxide Law for California Real Estate
There is a new Health and Safety code section (17926 (a)) which relates to the installation of Carbon Monoxide dete... Add Comment Read MoreMortgage Interest Rates May Go Lower
We have had historically low interest rates for quite some time, it's amazing to think that there was a time in the 70's and... Add Comment Read More
