Loans By Doug

Interest Rates Drop! Time to slash that mortgage payment. Refi NOW! www.WhyDougFreeman.com Helping Nice People Save Money for Over 32 Years.

Historically low mortgage rates means buyers will take advantage of these conditions, according to Chief Economist Lawrence Yun! Existing Home Sales fell 0.4% in April, but really not a bad report as the media would have you believe. Interestingly, homes remained on the market for only 24 days on average, which is down sharply from 36 days in March. If you priced your home correctly, it sold quickly. The entire reason for the decline was weaker sales in the Northeast...every other region was flat or higher.