Friday, February 22, 2008

Market Looks for New Low (higher rates)

Bad News for Buyers this week as the markets continued to be unsteady. Trying to find the bottom or the top depending on how you look at it. How high will rates go? Well, as the trusted advisor once said...the crystal ball just fell off of the desk. Fridays session opened about the same after a fair improvement on Thursday.


Bottom Line for Buyer 10 Down: Rates are starting to settle having found 6% as the new ceiling for how high rates may go. There are deals to be found, but it won't be in the 30 year fixed market.


Bottom Line for Buyer 0 Down: Call me about the latest 100% financing craze that will save you a ton of money. 515-554-7072


I'm thinkin' this is going to get fun!

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