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AEM Mortgage Minute with Deanna Daughhetee

A Buyer’s Market
Tuesday, September 30, 2008

You’ve probably read or heard that now is a great time to buy a home. You may be skeptical because of the current economic climate, but in reality, the climate surrounding us is unique.

It’s unique in that mortgage rates are at an all-time, historical low even though inflationary pressures and credit crunch concerns are present in the marketplace. The facts that housing inventory is high and home prices are on the decline support the notion that now is a great time to buy a home.

When you add up the benefits of buying a home in this market—historically low rates, many options of homes and neighborhoods, and exceptionally low prices, house hunting seems all the more desirable. If you’re considering making a move, call to get pre-approved today!