Interest Rates on the Rebound?

We all know over the past 4 years, fixed interest rates have been on a roller coaster. Starting out at 5.72% in November of 2004, they peeked during July of 2006 at 7.03% and hit rock bottom at the end of March 2009 to 4.78%.

Currently interest rates are at 4.86% and are continuing to climb. What does this all mean? If you are thinking of buying and haven’t purchased a home of your own already, NOW is the time to buy.

If you have any questions about real estate, please feel free to contact me!

Gina M. Tufano
Realtor, CDPE, ASP, e-Pro
(703) 574-3478
gina@ask-gina.com
www.ask-gina.com