Posted by on October 2nd, 2011
Never in my 30 years as a mortgage banker did I think I would see interest rates this low ? as low as during Harry Truman?s presidency. Yet very few homeowners are able to take advantage of those rates, which have dropped more than 2 percent since 1997, the beginning of the market crash. And we know why, whether it was the loss of a job, health insurance, or equity in their home with housing values down as much as 50 percent in some states.
Read more:
Harlan Green: What Will Boost Real Estate?
Source: http://wallstreetbears.com/huffington-post/harlan-green-what-will-boost-real-estate
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