{ March 19th, 2009 }
Does This Guy Know How To Party Or What?
So by now, you’ve probably heard about the Federal Reserve’s most recent shopping spree (if you haven’t, click here). The Fed is committing $750 billion to mortgage backed securities and another $300 billion to long-term treasury bills.
It goes without saying that this is a HUUUUUUGE commitment by Bernacke and company to give the housing market that little bit of extra special sauce that it needs to help kick things up a notch. Rates will be pushed down even lower, good news for both buyers as well as those looking to refinance into, um, healthier mortgages.
If you’re looking for a mortgage pro to help you sort out your options, give me a shout and I’ll set you out with some good people.
If the prospect of lower rates has pushed you off the fence into home buying mode… well… you know who to call.
