Fredericksburg's Friendly Blog

A great place to find real estate info and all things Fredericksburg.

MORTGAGE RATES

By: Tony Stevenson

Finally, mortgage rates remained at record low levels for past few weeks.  How long they continue to stay at these levels is yet to be determined.  The FED’s purchase program of mortgage-backed securities ends this week.  The private sector will take-over from here. If you are in the market for a home, now would be a good time to  lock-rate in order to prevent any further increases that are expected soon.  The current tax credits to purchase a home for qualified homebuyers ends this month-April as well.  Just because the just mentioned programs are ending, doesn’t mean the world has come to an end in our  Texas Real Estate and Mortgage arena.  Our state and local job market continues to allure home buyers to our area.  When people work, they buy homes. Lets not forget that retirees are coming here too. I really believe  we are in the best Real Estate market in the country.

Advertisements

March 29, 2010 - Posted by | Uncategorized

Sorry, the comment form is closed at this time.

%d bloggers like this: