Great article from NPR...heard this on the drive in this AM. "Today, buying a house may once again look like a sound financial option, at least in many parts of the country where markets have stabilized, mortgage interest rates are extremely low, and rents are moving sharply higher. "If you are in a stable place and you … Continue reading NPR – Renters No More: Newbies Lured To Homeownership
So...Let’s think like a bank today. What happens to the market when rates spike... it creates a sense of urgency to buy before the deal of the century is just a story and the lazy refi'ers get off their fence before there is no benefit. When rates go up who earns more interest on these … Continue reading REO’s to HIT HARD!!!