Sunday, June 22, 2008

Now is a great time to shop for a mortgage

The mortgage meltdown is causing a lot of people to panic. For people like me that have been on the sidelines, this may present a great buying opportunity. Homes almost everywhere in the U.S. are overpriced. Now with the bubble bursting, they're coming down to normal levels.

People like me that have been sitting on the sidelines have a great chance to jump in and buy property. Even mortgage rates are cooperating. They're not as low as they were but they're still at a respectable level. I still have another year of school left but I'm keeping an eye on rates. When I'm done and I'm ready to buy, I want to make sure I get the best rate possible.

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