Posted on September 16, 2014 - 04:34 PM
by john kavazanjian
Most economist and other peoplple, including mysel, Predicted that mortgage rates would rize this year. Accourding to the attached article and what the Federal reserve said today it may not happen this year. This is good for commercial and residential real estate because it create more buying opportunities. It would be nice if the lenders where a little more cooperative however if you are planning on making a purchase do it now rates will rize eventually. They have to they are still at historical lows.
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. John Kavazanjian Signature International Real Estate LLc.
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