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Posted by: godged on 2008-02-19, 15:36:16
My buyers that take the media spin hook, line and sinker are waiting for the "bottom of the market " - and while they are waiting for a few thousand off the home price, they have missed great interest rate reduction that would saved them tens of thousands of dollars over the term of the loan. Now that mortgage rates are over 6% again, who knows what happens next. Kudos to those of you that took that small window of opportunity to buy something or lock in your rate recently. |
