Hopefully you haven't been living in a bubble for the last week, but in the midst of scary stock market news, there's great news for real estate buying. Interest rates are lower than they've been in a year. Almost a full point down -- meaning it's a great time to look at savings you could capture through refinancing your current home or...take note first-time buyers--a great time to stop paying rent and start building your personal worth by investing in a home.
I always like to point out that owning a home is one of the only "real" investment strategies that serves multiple purposes: you invest your money AND you have a place to live. How cool is that! And remember, it's important to buy for yourself AND buy for future resale...but that's a whole other blog!!!
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