Hackney's Houses

Today provided a real life lesson for us that how the Fed adjustments to the rate is not parallel to what mortgage rates do.

The Fed announced a rate cut today and mortgage rates promptly....went UP.

That's right.  It's important to remember that a Fed rate cut does not mean a Mortgage rate cut, so if that is a primary factor in your buying decision making then you need not wait any longer. 

Position yourself in the best long term investment you can...REAL ESTATE.  And there's no better time when

1. rate are at historic lows

2.  plenty of inventory to select from

3.  Sellers are ready to make a deal