Thursday, December 18, 2008

Northern Virginia Real Estate - Homebuyers - Fed Lowers Rates Again.

Attention Home Buyers in the Northern Virginia Real Estate Market. It is a great time to Buy! Sure you hear that from Agents all the time. I will back up my words now. The Fed has cut rates once again. You can get a 30 year fixed rate Mortgage for 5.19%. The last time rates were this low was 37 years ago back in April, 1971. So if you are in the market to buy a home in Northern Virginia, be it Loudoun County Real Estate, Fairfax County Real Estate, Fauquier County Real Estate, or Prince William County Real Estate, contact the Northern Virginia Real Estate Group of Keller Williams Realty. From Contract To Close we are with you every step of the way.

2 comments:

  1. Do you see rates going further down this year? or the rates are going to float around 5 to 5.50%, as for me I feel the rates are not going to go down.

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  2. Since this was posted rates have fallen even further to around 5.10% I cant really say that they will go even lower, what with the new administration coming in. Notice the Dow is actually going up again. If these banks dont start lending money to home buyers, it wont make a difference anyway. Its not like they dont have any money

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