low mortgage rates

May 4, 2007

Mortgage Price Decline

Existing home sales are dropping sales at the fastest pace in 18 years. New home sales have improved slightly. The good news is the mortgage rates have dropped for the time being. Naturally, all hinges on the inflation fears and the perceived direction prices are going when the Federal Reserve eyeballs them. The sub-prime problems hurt the lender as much as the borrowers being the mortgage companies have to find a buyer to recoup their investment.

With the declining real estate prices in many parts of the country, now is a good time to scrutinize comparable market values to your home. In a declining real estate market winning your property tax appeal is almost a sure thing. Housetaxax.com is an excellent source of property tax appeals. House Values & Property Taxes Confidential information on house market values for property tax appeals.

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