Interest Rates Reach Rock Bottom?...
Here is part of a newsletter I get from my local lender:
"Then some real good news came Wednesday. The Fed announced another 0.25% rate cut. Even better, many economists interpreted the Fed's comments to mean they will cut rates no more. This is GREAT news for us because the message is clear to homebuyers who've been waiting on the sidelines for rates to bottom out: BETTER GET IN THE GAME!"
If you've been waiting for rock bottom... it might be here now.