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gmakerley · Posted: Fri Feb 22, 2008 2:01 pm Post subject: nothing in particular

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.

charlesarmbruster · Posted: Fri Feb 22, 2008 2:40 pm Post subject:

Go, George, Go! Good pep talk! GOOD BUSINESS LUCK TO ALL!

larry · Joined: 27 Jun 2007 Posts: 3322 474.67 Dollars($)

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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nothing in particular