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Rent or Buy? Mortgage Rates Fall Again to 6.02%

2004_8_10_mortgage.gifBuy, if you can. Fueled by fears of terrorism and weak employment, mortgage rates plunged this week, leaving prospective homebuyers with the queasy feeling that they could still lock in low rates, but might face difficult economic times ahead. Does this make the presidential election even more interesting? You bet it does. (via Bankrate) MGR

REAL ESTATE LINKS
- Rising Rates and Timing Your Purchases (Bankrate)
- Olsen Twins at College, It's 4 Penthouses, $7.3 Million (NYTimes)
- New Yorker's Rush To Grab Land Cheap (NYPost)
- Trump Casinos Going Bankrupt (DailyNews)
- Brooklynites Cash Out and Buy New Homes in Manhattan (Corcoran via Real Deal)
- Corcoran Beats Elliman in RE World Series (Curbed)

 
 

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