Bargains are Getting Buyers off the Sidelines
There's more evidence that buyers who'd been sitting on the sidelines are now jumping into the housing market: The Mortgage Bankers Association of America reports that in its national survey last week, applications for new, conventional loans to buy houses jumped by eleven percent -- and applications for FHA insured mortgages were up by seventeen percent!
If you're thinking about picking up steeply-discounted real estate and financing it with cut-rate mortgage money -- you just might want to lock in your deals sooner, rather than later. More
Source: Realty Times
Real Estate Outlook: Buyers Off the Sidelines
by Kenneth R. Harney
Published: June 19, 2008
