Friday, July 31, 2009

Something to keep in mind!

Prices are near rock-bottom right now. For buyers who may be thinking of holding out a bit longer, keep in mind that interest rates are headed up. If prices decline by another 10 percent, but interest rates increase by 1 percentage point, the monthly payment will be the same. So, the time the act is sooner rather than later, especially for first-time buyers!

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