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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 685.33

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Jan 21 4:00 PM EST

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To: HairBall who started this subject	4/24/2001 9:48:02 AM
From: JBH	Read Replies (5) of 99985

Curious when some may think the banks will begin to come down on home mortgage rates. Looking to buy a house soon but have been holding off until I can possibly get a better rate in the near future. Thinking of summertime. Real Estate still strong here in SW Fla,,,but starting to notice a slight slow down with existing homes coming up for sale and sitting on the market much longer than whereas 6 months ago any homes coming on the market where sold as fast as they came up, like hot cakes. Right now, in my area we are looking at around 7 percent on a 30 year fixed. Any thoughts on the real estate market and interest rates in general appreciated. JBH

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