With the recent takeover of the nation’s two largest mortgage suppliers, buying a home should become both easier and less costly. Rates dropped, the stock market rallied and most experts believed mortgage money would become more readily available after the takeover process is completed in the next few weeks.
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Although most of the press you see today about the housing market is talking about the “doom & gloom”, you need to know that anytime a market like housing is “down” for one person, that spells Opportunity (yes, with a capital “O”)! Many markets are somewhat softer but still healthy enough that there is no long term risk to buying. In fact, that softness in prices creates tremendous opportunities for buyers to pick up a home they might not have afforded otherwise a year or three ago…
Worried about buying a home with all the talk about problems in the housing markets today? Well, in most cases, those problems create opportunities for buyers and give you a chance to possibly get the very best deal in many years. For more information, check out the article on MSN.com today HERE
with prices far lower today nationwide and interest rates still generally under 7%, it is one of the best times in years to be a buyer!
