BUY NOW OR PAY MORE LATER

With all the talk of possible US Government default, it's enough to make anyone nervous and hesitate to make any long term commitments. However it comes out, the end result will most certainly be an increase in interest rates because we are in danger of losing the governments AAA credit raing which will mean that every dollar that the government borrows will cost more in interest. The downgraded federal credit rating will also mean that many states and local city governments will also experience a reduced credit raing because of the dependence on federal funds. All this will equal increased interest rates across the board for everything. These increased costs will thereby fuel inflation, putting added pressure on rising interest rates. So if you are seriously considering buy a home, now is the time before interest rates rise. Call Billings Real Estate Professsionals or Larry or Jo Ann Thomas at Laurel Real Estate Professionals 406-628-2903 or cell 406-545-9249 and let us find your home today and lock in your interest rate with your lender now!!!

MORTGAGE RATES HIT A 2-MONTH HIGH

Mortgage rates increased for the second week in a row and the third time in the last four weeks. As investors grapple with the state of the US economyic recovery, quarterly corporate earnings and a dealine for increasing the debit ceiling, mortgage rates could increase.

If you are purchasing a home, you might want to lock in your mortgage rate.

For all your real estate needs contact Billings Real Estate Professionals