« Why I Have Endorsed FHA | Main | Housing Slump 'Forces' Pair To Open Whorehouse? »
August 31, 2007
Home Buyers Returning This Fall
This blogger says lower mortgage rates will drive buyers to the residential real estate market soon.
Ten days ago after the Fed calmed the markets' credit panic with a 1/2 point cut in the Discount rate, I postulated that home buyers will come back this fall when the Fed finally drops the Fed Funds rate, and mortgage rates drop. It's now almost certain to happen. Here are the parameters in play now:
|
Related Products: |
Read more from this blogger: |
Posted on August 31, 2007 10:39 AM by Mortga80.
Filed in Real Estate under mortgage rates.
Permalink 
| Comments (0)
Share |
