We have a growing economy
and rates really should be higher. Let
me repeat that – rates really should be higher, but, due to the Chinese economy
and low inflation (mainly due to low gas prices), our rates are smokin’ hot
right now – mid 3’s on government and high 3’s / low 4’s on conventional.
We could go on about the
economy shifting from equity to earnings and a “stealth bear market”, but that
would be boring. Let’s sell some homes –
that’s more fun!
So many buyers (1.7
million nationally in 2015 and 2016) that weren’t able to buy have now exceeded
their minimum timeframes for a significant derogatory event (foreclosure, BK,
etc.).
Higher demand usually
translates to high rates, but not right now – we have the best of both
worlds. Let US help YOU sell as much
real estate before the Fed and Wall Street figure this economy out.
Call the Easterbrook Team
For Purchase, Refinance, and Pre-Purchase
Loan Counseling
916.850.6050 EasterbrookTeam@spmc.com
John Easterbrook 916.224.7653
Patty Aguon 916.833.5063
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