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Monday, August 26, 2013

Interest Rates



Welcome back!

I’m sure you have all heard about the increase in interest rates. In the past month they have increased from 3.5 percent to 4.5 percent. Historically, 4.5 percent is an incredible rate.

I used to sell real estate when rates were in the double digits: 14 percent! Four and half doesn’t sound so bad now does it? A lot of first time homebuyers have got into the market to take advantage of the phenomenal interest rates and prices!

Have more questions about interest rates? Or are you ready to buy or sell? Please call me at 908.347.7798 or email gendelteam@gmail.com

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