Tuesday, May 29, 2012

Record low interest rates!

Record low interest rates! According to Freddie Mac, the 30 year fixed rate is at 3.78, the lowest since mortgage rate tracking began back in the 1950s. According to the Feds, they will keep interest low through 2013; however, the 30 year rate will likely hit 4.5% in 2012 and 5.4% for 2013.
Time to buy!!!!