Interest Rates May Fall
Many analysts have recently predicted the 30-year Conventional Mortgage Interest Rate may fall to as low as 4.5% this summer. The primary driver mentioned is the European Debt Crisis.
The existing low rates and potential lower rates continue to make this a great time to buy. The savings in interest costs are huge over the loan period.
Prices continue to stay steady and there are some signs of prices falling, particularly on waterfront properties. Let me help you find the best deals on a vacation home.