Wednesday, May 27, 2009

Interest rates went up today

I don't think there will be any more loans under 5% for the time being. Some buyers may decide to wait awhile longer before purchasing. Stay tuned...

1 comment:

  1. Are we talking about a significant hike in interest rates... or a small increase above a psychological threshold? It seems like most people think in terms of their monthly payment, not the actual interest rate. If your payment only goes up $75...

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