How Low Can It Go?

dmek25 · 03-23-2009, 06:42 PM

Dow soars nearly 500 points on banking plan
Existing-home sales post surprising 5% gain

Schneed10 · 03-23-2009, 10:38 PM

Quote:

Originally Posted by dmek25

Dow soars nearly 500 points on banking plan
Existing-home sales post surprising 5% gain

The bolded part to me wasn't all that surprising, mortgage rates have been SUPER low lately, spurring a whole bunch of refinances and bringing buyers out of the woodwork. But I guess it's a surprise to most when other things have been grabbing the headlines and keeping everyone's attention.

GMScud · 03-24-2009, 12:00 AM

Quote:

Originally Posted by Schneed10

The bolded part to me wasn't all that surprising, mortgage rates have been SUPER low lately, spurring a whole bunch of refinances and bringing buyers out of the woodwork. But I guess it's a surprise to most when other things have been grabbing the headlines and keeping everyone's attention.

All the tax incentives combined with the declined home values and low rates make it a great time to buy. Definitely not too surprising, but good news for sure.

03-23-2009, 06:42 PM	#1
dmek25 MVP Join Date: Oct 2005 Location: lancaster,pa Age: 64 Posts: 10,672	Re: How Low Can It Go? Dow soars nearly 500 points on banking plan Existing-home sales post surprising 5% gain __________________ "It's better to be quiet and thought a fool than to open ones mouth and remove all doubt." courtesy of 53fan

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How Low Can It Go?

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