Rent or Buy? Mortgage Rates Fall To 5.70%

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(Image credit: Apartment Therapy)

Still rent. While oil prices are surging and threaten to put a break on our economy, it means good things for interest rates and bad things for an incumbent president. Nevertheless, Alan Greenspan is sanguine, saying it’s “quite unlikely” that there’s a housing bubble that’s about to pop, but that the possibility “cannot be readily dismissed.” He doesn’t live in New York. (via Bankrate) MGR

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(Image credit: Apartment Therapy)

REAL ESTATE LINKS

  • Mortgage Matters Blog (HoldenLewis)
  • Bowery Tour (NYMag)
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