Interest Rates at Historic Lows

by qvsinfo 24. January 2012 05:23

Freddie Mac just released data this past week showing that the interest rate for a 30 year mortgage is at a historically low 3.88%.  Even though housing inventories are low due to the time of year, there are still great deals to be made.  Look for bank properties that have been sitting for a while or short sales that need work.  Try to buy the home that other buyer will shy away from due to cosmetic issues.

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