Interest Rates At Record Lows!

If you've been thinking of buying a new home, but weren't too optimistic about being able to buy a "decent" house with what you had to spend, you might want to consult your Realtor and your mortgage professional now! A year or so ago, interst rates hovered around 6%, and everyone thought those rates were wonderful. Then came the last year, and interest rates began to fall....and fall....and fall. As rates fell, consumer purchasing power increased substantially. To read an intersting take on the new interest rates, check out this article from Realtor Magazine: http://tinyurl.com/3uqnyzz