Click on the link to read the story.
http://www.wral.com/news/local/story/4952538/
Tuesday, April 14, 2009
Time to Buy?
It would appear that while rates are at an all time low, and there is $8000 available for first time home buyers, people are being guarded at the moment.
To further encourage people, in our county, Johnston which is just east of Raleigh the whole county is eligible for the USDA program which offers 100% financing.
I believe the job losses and instability in the job market are making people wait and see what tomorrow brings.
Looking to the future my wife is a labour and delivery nurse who is crazy busy these days with babies being born, and some day they will need to buy houses!
We just re-financed our own mortgage today to a rate south of 5% which is remarkable.
To further encourage people, in our county, Johnston which is just east of Raleigh the whole county is eligible for the USDA program which offers 100% financing.
I believe the job losses and instability in the job market are making people wait and see what tomorrow brings.
Looking to the future my wife is a labour and delivery nurse who is crazy busy these days with babies being born, and some day they will need to buy houses!
We just re-financed our own mortgage today to a rate south of 5% which is remarkable.
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