Real Estate sales will continue to the end of the year and not drop off as initially forecasted!

With the huge government debt in the U.S. & Europe, frightened investors are moving their money from the stock market to the safe haven of bonds.

This has driven down the 5 year bond rate to 1.56%, would you lock your money in a 5 year investment for this low return ???

The plus side , this has driven fixed rates down to a ALL TIME LOW.

Once the bank buys these bonds, add on their profit margin of 1.5% - 1.75%, we have a 5 year fixed rate of 3.39%.

Now, it becomes a difficult choice, shall we go fixed or variable?

Investors are looking at buying real estate has a safe place to park their money.

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Rania Agha-Alshurafa

Rania Agha-Alshurafa

Sales Representative
CENTURY 21 Miller Real Estate Ltd., Brokerage*
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