DATELINE: Chester County, PA
FLASH: Interest Rates
In the last two weeks interest rates have popped… currently hovering at 5.75% Is this a sign that we’ve hit bottom and are moving up? The $8,000 tax credit is driving the market — get in while the gettin’ is good! Affordability is at an all time low even with interest rates at 6% Who would have thought we would complain about a 30-year fixed mortgage rate of 6%?!
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