INTEREST RATES +++

We've had it SO easy.....with interest rates at 5% or below. But it may not be that way long. The word from people I listen to is that rates for qualified buyers may be pushed up to 8%.

The inter-workings of the Fed are being kept secret from the public; but one thing is for certain: interest rates can't remain where they are. The dollar is continuing to drop.....nothing extremely precipitous yet, but it may come to that. The Fed will have to shore up the dollar by raising confidence internationally. And that requires higher interest rates.

Add to that the fact that the Obama administration is pouring mountains of money into the market. Problem is, nobody wants to lend it out in this unstable market.

All this to say that if you wish to buy some real property at an historically low interest rate, you had better do it now. Because later you may wish you had.