With concerns over economic growth the Federal Government have constantly been slashing rates for months. However as the California Association of Realtors report, the level that rates are at right now are "just right" and will hopefully spur a surge of growth as well as stabilizing the national housing market.
It is expected that the Federal Reserve will hold rates steady at least until the middle/end of the summer before reassessing the situation. What is for sure is that with the wide selection of property available to buyers it truely is a great time to buy – even in a luxurious market like Malibu there are some bargains to be had – many people of course dream of that perfectMalibu beach house, well, the time to buy is now! Low interest rates mean great mortgage deals are available.
If you are considering purchasing a property in Malibu or the surrounding Westside area then please contact Judy Kunisaki on 310-317-8396 for professional Real Estate advice.
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[...] the issues with financing at the moment many deals are going cash as buyers are taking advantage of the current market [...]
[...] the issues with financing at the moment many deals are going cash as buyers are taking advantage of the current market [...]
[...] to the California Association of Realtors, Sales of units increased 96.7% in September 2008 over last year! This is great news and shows that [...]