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Posted by: Bruce & Sandy Soli | September 21, 2011

Bloodbath for Stock Market, but Good News on Mortgage Backed Securities and Interest Rates

As reported by Bryan Wallpe of RPM Mortgage, ‘It was a bloodbath for the stock market today, but good news on the mortgage backed securities’ meaning lower interest rates.  Is that really possible.  Check out this video posted by Bryan Wallpe showing you the details on Japanese Candlesticks and what is happening RIGHT NOW to help push long term treasury!  Thanks Bryan!  http://screencast.com/t/amJfip6dx5  What will this mean for Incline Village Real Estate?  Well, it will give buyers some incentive to buy and lock in great rates.  This time of the year is notorius for the best buys in Incline Village Real Estate with the pending loom of winter right behind us and sellers not wanting to hold on to their properties for the winter.  Combine this with low, low rates and you have a serious win win for buyer motivations as well.

 

 


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