Diana's Neighborhood

Real Estate in New York & Connecticut – Won't you be my neighbor?

2009 Could be the Best Year for Home Buyers

FrontDoor.com has a fantastic article about how 2009 could be the best year for home buyers!

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Some of the items mentioned is the home buyers tax credit, the increase of inventory of homes on the market and the decreasing interest rates.  It reads that interest rates are in the high 5’s and that there may be more reductions.  Well, there was a decrease in interest rates.  Just today, Carey Hollander with Patriot Home Funding said interest rates for a 30 fixed mortgage are in the LOW 5’s for someone with good credit.  For more info on Patriot Home Funding <CLICK>

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To read the entire article “The Last Year for Best Buying Opportunities – Considering buying a home? Take advantage of low prices and interest rates in 2009.” <CLICK HERE>

Happy House Hunting!

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December 13, 2008 - Posted by | Buyers, First Time Home Buyers, Home, Money, Mortgage, Real Estate, Realtor, Uncategorized | , , , , , , , , ,

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