In an effort to revitalize the housing market, the US Treasury is considering lowering interest rates to 4.5%. I personally think this is a great idea. I like this strategy because it is a move to get people back into the buying mode again. Many buyers have been hanging out on the sidelines waiting for the bottom of the market to get here. This move, may bring that to fruition. Read the full article below:
Mortgage Rates May Drop to 4.5%
December 3rd, 2008 · 1 Comment
Tags: Mortgage Financing · Mortgage Rates
1 response so far ↓
1 First Time Home Buyers // Dec 8, 2008 at 8:06 pm
That’s amazing. And we thought rates were going to go up and up and up. Well, maybe they will after the Holiday season. Thanks for posting this Rob.
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