The Federal Reserve will buy 300 billion in bonds and 750 billion in mortgage backed securities by Fannie Mae and Freddie Mac to fund the liquidity. The 1.2 trillion dollar surge available money will lower interest rates and credit card interest rates, There has never in the history of our country been a better time to invest in real estate. If you have reservations about buying now because you are worried about the price of real estate declining then you should read my article about EquityLock Financial.
Maya Thomas
Realtor
Exit Realty Old Island Key West
1511 Truman Avenue
Key West, FL 33040
(305) 522-1398
www.ShowcasePortfolioProperties.com
I will not be surprised at all if rates hit 4.5% this week. Although I would not be suprised either if they did nothing as speculation has hit that we are going to be heading towards more inflation.
Hi Maya, just wish I had a better feeling about everything right now....but I don't!
Real estate is HOT, HOT, HOT here! The wave has to hit you soon!