Not just selling shore homes, selling a shore way of life. Your resource for the best homes, hotspots, & happenings in Margate, Ventnor, & Atlantic City.

Tuesday, December 8, 2009

Low Mortgage Rates Like Holiday Sales Will Not Last Forever!

Sellers and Buyers be advised. While we are currently enjoying the LOWEST mortgage rates we have ever seen (please read my last blog entry), experts are predicting that in the not too distant future , rates WILL climb again.
If you are a Buyer hesitating on that purchase, this may be the time to "get off the dime." If you are a Seller that has been holding out on an offer that was not quite "up to snuff", Buyers may be less apt to come up to your price if their mortgage rate costs them more money.
Mortgage rates effect EVERYONE...not just Buyers. Take advantage when you have the opportunity. It could be a while before the next bus comes along.

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