Tuesday, January 22, 2008

The Feds cut rates today, Now is a great time to buy!

The Federal Reserve made a suprise rate cut of 0.75 points today. This is the first time since 2001 that the Federal Reserve has cut the rate in between monthly meetings. It does not directly affect the long term mortgage rates, but mortgage rates are falling also. If you are looking to buy a home. Lower Rates, More inventory of homes to choose from make it a great time to buy, Contact Brian today!

Check out today's rates.

1 comments:

Richard said...

I been finding many markets are responding to the lower rates and lower prices. Volume is picking up!