The Federal Reserve is meeting today and tomorrow to discuss and announce new interest rates. It does not take a rocket scientist to think that they will be lowering rates around a .05%. Although some analysts think they may make a bigger cut, but hard to predict. We think a rate cut is a good thing for Las Vegas real estate and will help to stimulate more activity in our…
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Monthly Archives: December 2008
Las Vegas Real Estate
Contrary to what the national media is saying, there has never been a better time for buying and investing in Las Vegas Real Estate.
In the words of the “Omaha Sage” Warren Buffett: “you should be fearful when people are greedy and greedy when people are fearful.”
We believe history is repeating itself, as it always does. More millionaires and billionaires will be created as a result of the downturn in the…
Las Vegas Real Estate Mortgage Rates Fall
Rates on 30-year-fixed mortgages dropped this week to their lowest levels in more than four years, which is certainly good news for investors and home buyers.
Freddie Mac just reported today that average rates on 30-year fixed-rate mortgages dropped to 5.47 percent, down from 5.53 as of last week. This rate is just below this year’s previous low of 5.48 percent during the week of Jan. 24, and the lowest since…