Monday Morning Real Estate Update 1/21/08
Good Monday Morning!
Happy Martin Luther King Day! For all of those who have today off, enjoy the sunshine!
Mortgage interest rates continue their slow decline. Will the housing market react? This is a very good question. The Federal Government does not feel confident that the current low rates are enough and they will continue to drop their short term rates. This does not always have an immediate effect on long term rates, so the jury remains out on what the future will bring us with mortgage rates. Watch closely because the Real Estate market may just surprise us all in the next few months.
Have An Awesome Week!
AND HERE'S YOUR MONDAY MORNING COFFEE!!
Sincerely,
Galand