Interest rates have only one way to go!

Joe Harris — Wed, 18 Nov 2009 20:55:42 +0000

Let me make a statement, and I hope you truly digest what I am about to say: the interest rates on mortgages here in Brevard County, Florida are about 1/8% off of their lowest levels in history. That means that if you qualify for a mortgage, you could potentially get a better rate on your loan than just about anyone in history. With interest rates and home prices as low as they are, people should be lining up to buy homes. However, these rates have only one way to go, and we are headed there soon.

Lower home prices, but at what costs?

Joe Harris — Thu, 04 Jun 2009 00:26:05 +0000

Everyone Wants a Lower Price, But What About the Impact of Interest Rates? When shopping for a home, the natural tendency of any buyer is to want to pay the lowest price possible. It’s important to keep in mind, however, that the sales price is not the only factor that determines what the monthly payment …

Joe Knows Mortgages » rising interest rates

Interest rates have only one way to go!

Lower home prices, but at what costs?