Thursday, January 24, 2008
Great Time To Buy!
As most of you have probably already heard the Fed's did a surprise rate cut on Tuesday. The Feds cut the Federal Funds Rate by .75% lowering it to 3.5%. In addition to cutting the Federal Funds Rate, the Fed also cut the discount rate, the rate member banks can borrow directly from the Federal Reserve to 4%. This move should provide further stimulus to the credit markets. If you were thinking of purchasing a new home the rates are now working for you. It is definately a good time to buy. I spoke with my lender this morning and there are several programs out there available that make buying (and keeping) a home a reality.
Monday, January 21, 2008
2008 is Looking Good!
Welcome to 2008! Have you always wanted to know what was going on in the real estate market but didn't know who to ask? Well, look no more... we are here and we will be updating you on property information for the Reno, Sparks, Fernley and Fallon areas. Some of the things you will find on our site will be the newest "hot deals". We will include "hot deals" for Reno, Sparks, Fernley, Fallon and any other area you are interested in. We will also be providing marketing statistics, general mortgage information and any other information relating to the real estate market. If you have any questions just write us and ask we will be more than happy to answer any questions you may have or to send you the latest listing information.
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