Orlando Real Estate

Interest Rates and Sales

July 5th, 2007 10:06 AM by David W. Welch

Interest rates have been on a bit of a roller coaster ride the last few weeks, and I don't know if anyone can figure out where they will end up. The generally seem to have pressure pushing them up, but there have been some strange things happening in the bond market that are effecting everything financial.

The other peculiar thing I have noticed is that people are not rushing to make purchases with the rates going up. In the past, rising rates got people off the fence. The slow sales, high inventory and still historically low rates make this the best time to buy. Check out my listing at www.4726ferncreek.info.

 

Posted in:General
Posted by David W. Welch on July 5th, 2007 10:06 AM

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