Well, actually two groups should be excited today:
- If you've been sitting on the sidelines for the last two years, waiting until the media tells you it's time to buy a home, don't hold your breath. By the time the media says so, it will be past the best buying chance. Let me be the first to say it ... Buy now! Prices have leveled off, rates are under 6%, and sellers are still willing to help you with closing costs. Don't wait around and miss the bottom.
- If you're even close to considering a refinance, missed the last two drops below 6%, then this is the week to get your new loan rate locked. Call today while we can still get these rates.