Christmas has arrived for buyers! Yesterday the government announced that they are going to plug about 500 billion into buying mortgages and helping to reduce interest rates. Well guess what happened? Interest rates dropped over 1/2 percent in ONE DAY, and are now down BELOW 5.5%!! Check out our post a few days ago, and check out the interest rate chart. This is a rare occurence, and NOW IS THE TIME TO ACT. You could save yourself hundreds of dollars a month in your mortgage payment with this 1/2 point drop!!! Do not delay. Timing is everything in real estate!
The inventory for Parker Real Estate is going to dip this time of year, as some folks elect to pull their homes off of the market for the holidays. So we stongly encourage you to get out and look at homes and not go to the mall! The malls will be packed anyway...
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