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Interest Rates Rise & Fall As The Market Rises & Falls

Published On: December 21, 2009

The Views expressed here are the opinion and only the opinion of the Designated Broker Tom Peterlin. Any informaton gathered and provided from resources such as the Arizona MLS is considered to be approximate in nature. It is strongly recommeded that Buyer & Buyer's agent and Seller & Seller's agent to verify any information provided in this blog for themselves.

The best time to buy an air conditioner is in winter. Clothes often are discounted as the season expires. So too, the best time to shop for a loan is during the time right around the winter holidays. When business slows down, interest rates for the most part generall fall.

There is no better time to shop for a mortgage and do house hunting than right now before buyers emerge from the holidays and set their sights on both the $6500 and the $8000 tax credits available  from the federal government.

The famous poker player Amarillo Slim used to say when everyone at the table is betting one way, you bet the other. A lot of people are waiting until after the holidays. Why not beat the crowd and shop before the buying competition heats up. You can do it now with few buyers to compete for the property you are sizing up. It allows you to make a more aggressive offer and have it accepted by the seller.

Please call me at 480-703-1414 or email me back at tom@c21seago.com  with comments or to request more information.

Best wishes,

Tom Peterlin

Century 21 Seago, Inc