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	Name:	water_watcher -
	Subject:	Real Estate
	Date:	12/19/2008 5:57:15 AM

You are probably right as to the stage of the cycle. While things economically still look bleak, there is so much money being pumped in to the market with the continued focus on housing. At least the feds get that they need to get that moving to pull the rest of the economy along. Mortgage rates are already in the 4.5% range and they may hit a low of 3.75% for a 30 year. When long term treasuries are at 2.08% this morning, a mortgage rate below 4% is definitely a real possibility. If that does not bring in buyers, I don't know what will. It is a once in a lifetime opportunity. I am looking at refinancing and Chase (who has my existing mortgages) quoted me 4.375 with no points and 4% if I wanted to pay 1.5 points.

Other messages in this thread:

View Entire Thread

Real Estate - BiggerDog - 12/18/2008 10:12:59 PM

Real Estate - John C - 12/18/2008 10:20:02 PM

Real Estate - water_watcher - 12/19/2008 5:57:15 AM

Real Estate - Talullahhound - 12/19/2008 11:07:35 AM

Real Estate - AUCATZ - 12/19/2008 5:23:12 PM

Real Estate - water_watcher - 12/19/2008 5:51:38 PM

Real Estate - AUCATZ - 12/19/2008 8:27:12 PM

Real Estate - Swimmer27 - 12/20/2008 1:08:57 AM

Real Estate - MartiniMan - 12/19/2008 1:16:38 PM

answers to both questions - John C - 12/19/2008 4:52:42 PM

My experience in VA - Talullahhound - 12/19/2008 8:51:59 PM

My experience in VA - Freshwater Bay Girl - 12/20/2008 10:55:57 AM

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