where are the rates and buys going, and what to do

With rate as low as they are one would be surprised that there is not more activity.




Well several things play into this. We need to feel secure in our jobs, have some equity in our homes and as my Stager Mary Habres would say an emotional attachment in our home to purchase and then a disconnect to our home if we are going to be selling.



There are some very good purchase opportunities out there for the first time as well as the move up buyers.

Refinancing there are programs available that one can get over the 80% loan if refinancing and not requesting cash out. The programs we are seeing are the 105% - 125% of the homes value if you can qualify. More on this at a later time.