Wednesday, June 24, 2009

Market Status

We continue to see gradual improvement in the economic statistics around the country. Not big improvements, but it does seem to be going the right direction. Unfortunately the rates have not gone back to the 4's and it is seems more and more unlikely that they will. But the direction is anyone's guess. I recommend that if today's numbers work for you that you buy or refinance. As far as buying, one can get a house at the prices of the early 2000's at a rate in the 5's. That makes housing a bargain. As far as refinancing, every situation is different. I don't mind figuring how it would come out for you. Just give me a shout at 777-HOME (4663) or reply to this e- mail.

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