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9/19/2017 7:27:10 PM
Posted: 3/13/2006 7:37:10 AM EDT
[Last Edit: 3/13/2006 7:37:43 AM EDT by MTUSA]
If the real estate is softening rates should start to climb.
Nationally things are slowing down. Sales are said to be down 5%
I think we will wait to pull the trigger on another investment.
Buyers market folks, watch it closely and pounce!
Deals are to be had very soon. Me thinks. By no means the sky is not falling.
Just a slight hiccup in sales due to an abundance of inventory. Whats the concensus here?
Link Posted: 3/13/2006 7:43:16 AM EDT
As a mortgage professional - the rates are going up. I have experienced about .25 bump in rates over the past 30 days.
Link Posted: 3/13/2006 8:14:26 AM EDT
Rates are almost certainly going up
Link Posted: 3/13/2006 8:20:06 AM EDT
Rates will increase which will affect the "creative loans"
Link Posted: 3/13/2006 8:21:27 AM EDT
I don't think they have anywhere else to go but up.
Link Posted: 3/13/2006 8:26:24 AM EDT
MTUSA: From what read in the news media, the growing rate of selling real estate transactions is slowing down a bit, but the amount is still quite high.
Link Posted: 3/13/2006 9:00:04 AM EDT
probably will rise, but I dont care, got a fixed rate mtg
Link Posted: 3/13/2006 9:16:52 AM EDT
I think "how much" is the only question at this point.
Link Posted: 3/14/2006 5:06:31 AM EDT
Rates may go up briefly but all the predictions are for rates to drop in the summer. Today's weak retail sales numbers and last week's higher unemployment rate also argue for Fed loosening.

Link Posted: 3/15/2006 4:03:58 AM EDT
[Last Edit: 3/15/2006 4:04:23 AM EDT by MTUSA]
SW FL sales have hit the skids. Buyer's market here in Marco Island.
You get a 1.5 million house for 1.2 million now
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