http://www.therealestatebloggers.com/2008/09/11/mortgage-rate-drop-is-not-expected-to-create-huge-demand/ Real Estate Blog, Mortgage, and Development News Fri, 20 Nov 2009 23:48:48 -0600 http://wordpress.org/?v=2.8.6 hourly 1 http://www.therealestatebloggers.com/2008/09/11/mortgage-rate-drop-is-not-expected-to-create-huge-demand/comment-page-1/#comment-257494 Richard Miller Thu, 11 Sep 2008 22:59:43 +0000 http://www.therealestatebloggers.com/2008/09/11/mortgage-rate-drop-is-not-expected-to-create-huge-demand/#comment-257494 Many will need to sell and existing home to buy a new home. Home owners would rather refinance to a lower rate than sell at a lower price in order to buy a home. Many will need to sell and existing home to buy a new home. Home owners would rather refinance to a lower rate than sell at a lower price in order to buy a home.

]]> http://www.therealestatebloggers.com/2008/09/11/mortgage-rate-drop-is-not-expected-to-create-huge-demand/comment-page-1/#comment-257484 Santa Barbara Real Estate Voice Thu, 11 Sep 2008 22:17:00 +0000 http://www.therealestatebloggers.com/2008/09/11/mortgage-rate-drop-is-not-expected-to-create-huge-demand/#comment-257484 From what I have read and heard, I tend to agree with the points made above. I do think this will spurn buyers who already have equity, will drive a hadn full of more refi opportunites etc. But for the first time home buyer, it will help only a marginal few. From what I have read and heard, I tend to agree with the points made above. I do think this will spurn buyers who already have equity, will drive a hadn full of more refi opportunites etc. But for the first time home buyer, it will help only a marginal few.

]]>