Charlie Ragonesi Big Canoe Realestate's Blog: Georgia: Jasper: Philadelphia Heights

Mountain Seminar

We are putting together a seminar for buyers in North Georgia. The seminar will be August 22. It is by invitation so you need to call us to reserve a spot. We will have lender's and insurance folks there.

We are going to cover how to buy with 100 percent financing. We will also go over the credits available to you. So this seminar is more than just selling homes. It really is aimed to help folks take advantage of this market

To find out more or sign up call us at 706 579 1098. Or leave a comment on this post. All Mountain Realty is helping folks in our mountains

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Charlie Ragonesi All Mountain Realty Big Canoe and Mountain Blog

On line at www.allmountainrealty.com Call at 706 579 1098

We sell Homes                                                    

 

1 comment • Charlie Ragonesi Big Canoe, Jasper, North Georgia Pros • July 26 2009 03:53PM

THE FED RATE CUT

There are tons of blogs and analysis about the Fed rate cut. There is anticipation of a new rate cut next week. But consumer do not understand the relationship of the rate cut to mortgage rates.

Most consumers think a rate cut in the Fed funds market means lower mortgage rates. That is not always the case. In fact this week we saw rates initially go down and them bounce back up. As Realtors in our news letters and information to clients it is important to explain to them that the Bond market has more of a direct impact on mortgage rates. Many buyers especially first time buyers are sitting on the fence waiting for that next rate cut to get them a good mortgage on a home. Many budget minded folks are floating their rate instead of locking.

For our sellers we must make them price realistically and not think a lower Fed funds rate = a lower mortgage rate = lower payments for a buyer, therefore I can price my house higher.

We as Realtors must work hard to educate or clients. Not only about the house they are buying. We must educate them on the finances of buying.

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Charlie Ragonesi All Mountain Realty Big Canoe and Mountain Blog

On line at www.allmountainrealty.com Call at 706 579 1098

We sell Homes                                                    

 

10 comments • Charlie Ragonesi Big Canoe, Jasper, North Georgia Pros • January 26 2008 09:41AM