Looking for what's new and what's now in the real estate world. The Jersey Group and Bob The Broker have joined forces on this blog dedicated to all aspects of the real estate business.

Yes it is true.  If you are a qualified borrower interest rates are low, and have continued to go down over the last three months.  It's a great time to be a borrower, as well as a buyer.  Yes, we hear and read negative news about the mortgage/real estate industry daily.  This news is not geared toward the entire population.  For the most part what has happened is that people that do not deserve mortgages, are no longer getting mortgages. 

If you are a qualified borrower in an adjustable rate mortgage, now would be the time to talk to your mortgage broker and look into a 30 year fixed rate.

If you are considering buying a home, what are you waiting for.    In most markets, when housing prices come down...rates tend to go up.   Sellers have begun lowering there prices and rates are still low.  You have the best of both worlds.

All it takes is a phone call and you could save a lot of money or find out that you really can afford that dream house!!