March 23rd, 2009
More Good News for Richmond Homebuyers!
The fed’s made the decision to buy bonds and mortgage backed securities in hopes of bringing down long term interest rates. So far so good! Interest rates have dropped under 5% last week to their lowest levels in more than 30 years. Whether you are a buyer or a seller, this is good news. If you have a higher interest rate and don’t plan on selling, contact your lender about refinancing. If you are a buyer, there is no better time to buy with rates under 5% and with the $8000 tax credit available to many in 2009. What are you waiting for? Search available homes with our 3 great options! OR contact Skye Bruce Properties, the Official REALTORS and Buyer’s Agents of RichmondHomeShopper.com.
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