Ability Realty
icon-locationAbility Realty
Barry Fotheringham, Broker
7360 E. 22nd Street,
Tucson, AZ 85710
Barry Fotheringham, Broker
7360 E. 22nd Street,
Tucson, AZ 85710
FED DROPS RATE
Sep 18, 2007 No comments yet Share
Well it happened the way I was hoping as the Federal Reserve lowered
the Federal Funds Rate to 4.75%, and the most important rate to you the
Discount Rate to 5.25%. That was a 1/2% drop for both rates. In a
couple of days the dust will settle and the Mortgage Rates will settle
also. Get yourself pre-approved and start looking for a Home. I see a
lot more activity coming and homes starting to move again.
This was a very smart move on the Federal Reserves part as it will get
things moving again and they can start tweaking next month when they
meet again.
Call me at 520-240-7130 and lets start looking. If you need a lender call me.
tucson real estate
Sep 18, 2007 No comments yet Share