Good Monday Morning!

Sunday was another Spring like day!  We will take all we can have.

Mortgage loan interest rates climbed steadily for about a week and then dropped slightly at last weeks end.  With the poor economic news nationally, look for the Fed to drop short term rates again.  This could have an effect on mortgage interest rates and send them on the decline.  It has been a roller coaster.

The mortgage rate situation has had little impact on local home sales, where the average time on the market remains at about 92 days.  The climate is remaining very attractive for home buyers.  Look for home sales activity to pick up if rates decline again.

Have An Awesome Week!



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand