Why Buy a House NOW!
The First Quarter 2010 will likely be buyer’s last chance to take advantage of low interest rates and government tax credits of $6,500 or $8,000 The government will stop buying securities to keep more rates lower, so mortgage rates will start rising immediately to normal market levels which could reach as high as 8% by the end of the year. Most likely will see between 6.5% and 7.5%. These buying conditions are once in a lifetime. If you were planning on buying anytime in the next 5-10 years NOW is the best time!
The market is reaching its point of maximum opportunity (See Chart Below)