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Icon Mini Profile gmakerley
gmakerley
Community Mentor
Community Mentor

Joined: 09 Nov 2007

Posts: 893
Location: bloomfield, ct


66.20 Dollars($)

PostPosted: 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.

_________________
George M. Akerley
Senior Loan Officer
Freedom Mortgage Corporation
37 Jerome Avenue
Bloomfield, CT 06002
860-221-5044
 
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Icon Mini Profile charlesarmbruster
charles.armbruster
Community Experts
Community Experts

Joined: 12 Oct 2006

Posts: 166
Location: Mesa, AZ


43.25 Dollars($)

PostPosted: Fri Feb 22, 2008 2:40 pm    Post subject:

Go, George, Go! Good pep talk! GOOD BUSINESS LUCK TO ALL!
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Chuck Armbruster
Phoenix, AZ
 
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Icon Mini Profile larry



Joined: 27 Jun 2007

Posts: 3328



473.40 Dollars($)

PostPosted: Fri Feb 22, 2008 2:52 pm    Post subject:

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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