Showing posts with label historic mortgage rates. Show all posts
Showing posts with label historic mortgage rates. Show all posts

Saturday, December 5, 2009

Mortgage Rates at all time low. Time to buy or to sell!

According to today's (12/5/09) Washington Post,30-year mortgages are at their lowest level on record @4.71 percent. According to the Post,rates have been "pushed by an aggressive government campaign to reduce borrowing costs".***

It is a great time to buy a home. The lower the rates are the more house you can buy.
With the combination of historic rates and housing prices stabilizing,you should really consider buying. If you need to find a lender,I'd be happy to refer you to somebody.

As far as selling,low rates enable buyers to buy more house than ever and if your home is priced correctly/shows well and is easy to preview,your home will likely sell.

Real estate markets vary by state and by subdivision. I work MetroDc if you want to talk about the market to see if you are comfortable with the housing prices and begin the search with you.

It's a great day to buy a home. If you live or are interested in living in Silver Spring,Maryland stop by my listing tomorrow (Sunday 12/6/09 from 2-5).
The address is 1014 South Belgrade Road Silver Spring,MD 20902

http://www.postlets.com/res/2924753


Life is good!

Adam
adambashein@mris.com
basheinhomes.info
301-943-4370

Adam Bashein
Licensed in MD & DC

Weichert Realtors
7821 Tuckerman Lane
Potomac,MD 20854
301-718-4100 ext. 132