Thursday, June 12, 2008

NEW RULES FOR HOMEBUYERS

1. Gaming the market doesn't work. There's a chance that the home you buy today will be worth less next year. So instead of trying to time the market, drive a hard bargain for a home you really love.

2. Real winners get the lowest mortgage rate. Financing is getting more expensive. Celia Chen of Moody's Economy.com predicts rates will hit 7 percent in mid 2009.

3. Jumbos are a big bargain. A new law temporarily allows Freddie Mac and Fannie Mae to buy mortgages as big as $729,750, which is keeping the jumbo rates down. The deal disappears at year-end

This is the time to buy in the Florida Keys. There are plenty of homes to choose from and the mortgage rates are still low.

Please let me know what your looking for and I will do my best to find the property for you.

Rob Skeel
Realtor
Century 21 Prestige Realty Group
305-393-6300
800-541-5019
www.RobSkeel.com
http://robskeel.com/homes_for_sale.shtml
BLOG http://floridakeysrealestatebyrob.blogspot.com/

I really appreciate your referals!

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