Fed Cuts Rate to Historic Low!

If you have been "on the fence" about whether or not to buy real estate, "Here's Your Sign!" to quote the famous comedian, Bill Engvall.



Rates were cut today to a Historic low. The federal funds rate (which is the the interest that banks charge each other) was slashed by the central bank to a range of zero to 0.25 percent.


The previous 1 percent target rate has been in effect since the last meeting in October.

This will likely mean 30 year fixed Mortgage rates BELOW 5% with no points...WOW!



Coupled with the fact that Middle Tennessee is still experiencing market appreciation, this is encouraging for those considering investing in real estate.

http://www.ofheo.gov/


Check out the good news for yourself by clicking this link then give me a call so we can get started looking for your real estate "Deal of the Century":


http://www.msnbc.msn.com/id/28223836/