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 gmakerley
Community Mentor
Joined: 09 Nov 2007
Posts: 7448
Location: bloomfield, ct
70.12 Dollars($)
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 Posted: Fri Feb 22, 2008 2:01 pm Post subject: nothing in particular |
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well, it is actually washington's birthday, and back in the day, we would have the day off. oh well...in this mortgage business, there is typically never a day off.
okay...it's friday and we have scads of snow falling here in connecticut, and this isn't really germane to "mortgage know-how" but anyway...hope all have a delightful weekend, and i pray no harm to all as well.
here is some "know-how" - ignore the headlines! the sky is not falling! if you are a potential first-time homebuyer, and you are emotionally ready to buy, then don't delay. rates will inevitably be going up, even though prices may decline. your purchase may cost you more in 6-12 months than it would now.
that's it for now.
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George M. Akerley
Loan Consultant
860-221-5044 |
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charlesarmbruster
Community Experts
Joined: 12 Oct 2006
Posts: 169
Location: Mesa, AZ
43.75 Dollars($)
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| Posted: Fri Feb 22, 2008 2:40 pm Post subject: |
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Go, George, Go! Good pep talk! GOOD BUSINESS LUCK TO ALL!
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Chuck Armbruster
Phoenix, AZ |
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larry
Joined: 27 Jun 2007
Posts: 3328
474.49 Dollars($)
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| Posted: Fri Feb 22, 2008 2:52 pm Post subject: |
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Hi George,
The rates are increasing in last couple of weeks. So it seems rates will keep on increasing for coming few weeks. So you are right that if someone is willing to buy a house in near future, he should lock the rate now. |
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