We all know there are people out there who are constantly looking for ways to take advantage of people. This can be especially true for those faced with hard economic times. It’s no secret that the majority of scams prey mainly on those struggling to make their mortgage payments and are on the brink of […]
Archives for July 2010
How Long Will Mortgage Rates Stay This Low?
Can you imagine interest rates at 18%? That’s where they were in 1981. That’s a $2,260 monthly payment on a $150,000 home. Wow! The same home today would cost about $800 a month. What a difference the interest rate makes. A key concern for economists right now is interest rates and how long they will […]
Real Estate A Generational Opportunity
With interest rates at ridiculous lows and affordability quite high, you may have been hearing that this is the best time to buy a home, an investment property or just about any real estate. I’ve even heard from some economists calling this a generational opportunity to buy, meaning this will be and is the best […]