The Treasury will be auctioning off $110 billion in bonds next week. The market will have to absorb this. An over supply of bonds usually causes interest rates to rise. I suggest homebuyers to pay attention to get the best interest rate lock.
07/23/2009
Attention Realtors: The new Mortgage Disclosure Improvement Act will take effect on July 31st. This may have a huge impact on scheduling your closings. For more info, call me at 239-936-4232.
07/21/2009