Wednesday, April 3, 2013

Fannie Mae and Freddie Mac are now showing solid profits.

Home Purchase applications have increased, as well as, the demand for Government loans.

Bidding wars have resurfaced in many major markets.  Home listing inventory has decreased and any delay may result in comparable properties increasing in price. 

Interest rates are expected to climb back to 4% before years end!

ADVICE:  Purchase now, as the increase in interest rates will greatly affect the cost of home ownership.

- Nancy Bierman

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