Rates have dropped a little more but are we at the bottom?
While it appears Inflation is not too bad we feel there is more bad news ahead for the economy and Inflation still is alive and well. It is just waiting to raise up its ugly head. Our economy is slowing down and the housing market is showing more slowing markets each month in pricing. Rates will have to go up when Inflation begins to show itself. In the meantime take advantage of the housing market and the great low rates. Shop around for the best rates and fees. The first thing is that you need to have good credit scores. You can check your credit scores online at
My Fico.Com or
Equifax.
Next, you need to have some savings for a 5% or more down payment. Do you have a good way to save for a down payment? We highly recommend Emigrant Direct. They pay 5.15% on their savings account, with no minimums, no fees. www.rateinformer.com
Next, you need to have some savings for a 5% or more down payment. Do you have a good way to save for a down payment? We highly recommend Emigrant Direct. They pay 5.15% on their savings account, with no minimums, no fees. www.rateinformer.com

0 Comments:
Post a Comment
<< Home