User25381_3_t Mara Hawks, REALTOR®, Homes For Sale in Auburn-Opelika, Alabama, AU, Lee County
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A local lender shared with me an article that I want to pass along for prospective home buyers. The article can be helpful for customers who are postponing a purchase because they keep hearing on the news that the feds are cutting the rate. This can be somewhat misleading into thinking that mortgage rates will also go down. This is not necessarily the case. The article is provided by cnnmoney.com 

IMPORTANT MORTGAGE RATE INFO 

If you are looking for a home in Lee County, AL, you can email this local lender, Marion_Scott@countrywide.com  for more information about a home loan. 

 
This post has been included in Alabama Information Lee County, AL Information

2 Comments on Reading About Interest Rates

Mara - This is a great link. I may use it myself:) I am constantly explaining to people that the fed funds rate and the 30 year fixed don't have anything to do with one another. It is scary to think that many Realtors don't even realize this.

03/20/2008 05:58 PM by Bill Gassett Metrowest Massachusetts Real Estate (RE/MAX Executive Realty)


Ooooh Mara, I like this article for buyers very much.  Thanks for posting!

03/21/2008 09:14 AM by Julie Burks, Sacramento CA Real Estate, e-Pro (Riverpoint Realty)


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Real Estate Agent: Mara Hawks, REALTOR®, Homes For Sale in Auburn-Opelika, Alabama, AU, Lee County (FIRST REALTY)
Mara Hawks, REALTOR®, Homes For Sale in Auburn-Opelika, Alabama, AU, Lee County
Auburn, AL
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FIRST REALTY

Office Phone: (334) 826-0111 Ext.: 150
Cell Phone: (334) 524-2220
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