Nov
20
With all the mortgage problems the nation has, is it a good idea to buy a home with the interest rates so low?
By
Is it a good idea to take advantage of the low rates?
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5 Comments
November 20th, 2009 at 12:29 pm
You bet, unless house prices are grossly overinflated in your area. In that case, it would make sense to wait a bit for prices to correct.
November 22nd, 2009 at 2:30 pm
I dont think its a scary market. If you are buying long term I would suggest it. Its a great time. If you are buying to flip and make a profit, I wouldnt.
But rates are great, its absolutely a buyers market.
November 23rd, 2009 at 7:21 pm
No. People are trying to get rid of their homes so they won’t end up in the street. Read this:
November 27th, 2009 at 3:49 am
Great time to buy…prices are down and like the old investment strategy goes “buy low sell high”
November 29th, 2009 at 6:18 pm
You couldn’t pick a better time to buy. Rates and prices are very low. This works in your favor in two ways. Not too often you see this happening.