Financial Update by Maurice Soussé

Does lightening ever strike twice? In the case of rates, I think it does. This is one of most incredible second chances for buyers to obtain exceptionally low interest rates. Do you have any buyers who have been saying “I have missed the market”? With rates this low, that couldn’t be farther than the truth. Over time rates will go up and so will purchase prices. If buyers don’t dive in now, they will never be able to take advantage of such a great opportunity to purchase a home with a low payment.

The stock market has been on a heck of a roller coaster but still pushing 17,000 on the DOW. It is surprising, but our interest rates are still low as some of the comments from the FED may have helped to keep the confidence in lower rates.

In this challenging market you may get a bit down. I suggest a daily dose of positive to start the day. Mignon McLaughlin said “The only courage that matters is that kind that gets you from one moment to the next”. Enjoy the journey life is taking you on.