Monday, May 4, 2009

get in bed with a good mortgage



What a great time to buy that get-a-way or full time home in the beautiful Sierras. Follow our link to mortgage market commentary to see what direction rates are taking. Rates will probably stay low as long as the government can find buyers for all the notes being offered. When the supply of buyers of notes falls short, look out for a quick uptick in the rates!!

Home prices here are fairly stable at the moment; most sellers are showing good willingness to negotiate on price, terms, and conditions.

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Home is so important. A good environment for young children was the attraction which brought us all to the Lake Tahoe area.