The Federal Reserve has cut key interest rates for the fifth time since September 2007.
For those of you with a loan tied directly to the Prime Rate, like home equity lines of credit or HELOC accounts and charge cards with variable rates will see an interest rate reduction on their next statement.
Long-term mortgage rates, however, could actually see an increase after today's cut, based on past performance and trends.
So don't count on long term rates to decrease more. Our current rates are the lowest rates we have seen since 2005. Go ahead and buy to capture a great rate before it is too late.
Art Shultz
The Shultz Team
#1 Team at Re/Max Premier Realty
Ocala, FL
Toll Free: 800-243-4087
Direct: 352-291-1276
Info@OcalaVisualTours.com
www.OcalaVisualTours.com
* FREE OCALA MOVING TRUCK! * - Contact for more details!
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment