Thursday, August 5, 2010

15 year rates as low at 3.75%! Believe it! Can it last?

Last week mortgage interest rate 4.25% for 30 year and believe it, 3.75% for a 15 year fixed! This is the best time to buy and for all the right reasons, financials make it work, they make it believable and they make it the right thing to do. If you have been on the fence thinking of moving, this is a good time to do it and lock into a low interest rate on your target home. My sellers are doing this and taking advantage of this anomaly. Soon this should correct itself as rates go up again.

For Buying or Selling, You Need a Teacher (see Union Tribune article last weekend). For more information on buying, selling, or renting out an income property in San Diego, please call Frank Rashid's cell phone at (858) 676-5250 or email him at More to follow within the next couple of weeks.

No comments: