Greensboro, NC Realtor: What's the Deal With Mortgage Interest Rates?

What's the Deal With Mortgage Interest Rates?

Let's face it.  Learning how mortgage rates are determined is about as interesting as watching grass grow.  However, home loans are the biggest form of debt for most people and taking a few minutes to learn about interest rates can save you thousands of dollars.  Here is a quick, very informative and easy-to-understand video sent to me by Steve Barrow of Mortgage Choice, Inc., here in Greensboro, NC 

Current homebuyers, I implore you to spend seven minutes watching this.  There are several compelling reasons why buyers should be extremely motivated to purchase a home now.  In the video, it states that the Federal government will end its purchase of mortgage bonds at the end of March.  It does an excellent job of explaining why this will result in interest rates rising.  I would also add that the tax credits for new and existing homeowners ends April 30.  We do not believe that this program will be extended again.  

We have agents ready to help you today!  Call our office at 336-508-1111 or email us at  Don't miss this once-in-a-lifetime opportunity to move into your dream home!

Comment balloon 0 commentsAndy Leung • March 12 2010 03:18PM