Feds Reduced Rates

Feds reduced to the rate ½ percent, that is a whole 50 points। WOW! Just be careful when talking with a qualified mortgage broker, ask what their rates were just prior to the rate decrease, make sure basically that they are not “padding” the interest rate and you are getting the best they have to offer. Remember this could equate to literally thousands (tens of thousands) at the end of the day. So be smart and educate yourself, use someone that is recommended to you, that way you know that person had a personal experience and it must have been good for them to recommend them.

With the rate being reduced Wall Street of course reacted, positively I might add. We as Americans need to gain control of our own economy. The press is ruining our confidence. We should not allow them to continue to feed us with negative press, and if it has not happened then they continue to report on it basically until it does happen. For instance, you hear a song on the radio, do not really like it but the DJ continues to play the song, finally it sounds familiar and then next thing you know your humming with it and know the words and then you even want to hear it when you turn on the radio. This is how they “brain wash” us. If it is not bad news basically it is no news. Now the flip side to this, since I am the forever optimist, once they (the press at large) conquer whatever their AGENDA may hold, (and you can bet there is an agenda) they quickly move on to another “problem” we may have, or “need” to have??? When the market was GREAT, remember they kept telling us the BUBBLE was going to burst, now 2 ½ years later, it burst, but that is not enough, now it has to “HIT BOTTOM”. These are the new “trigger” words I am hearing out there. But.. Sellers are getting smarter and reducing their prices, if they want to sell. Buyers have the best of all the worlds, sellers reducing prices, interest rates dropping and a few dozen or so homes that would perfectly fit their needs, just location should be the issue, as it use to be in the old days of real estate, location, location, location. So if you are in the market NOW IS THE TIME TO BUY!!!

Next up picking a Realtor। And remember to “Buy or Sell… Call Dawn Dell”

Dawn Dell

Dell Realty, Broker/Owner

2006 REALTOR OF THE YEAR

863-385-8822

www.dellrealty.net