Interest Rates

I think the perception of what interest rates are doing by the general public is always interesting. When my mom starting selling real estate in the 1980's interest rates were at just below 20%! People still bought and sold homes and the interest rates eventually came down.

Here is a report sent to us by Mike Holl- he is our Tucker Mortgage person in our office. "There currently is a perpetual fear that the mortgage interest rates are the highest they have been in years. In looking at the attached chart, you’ll see in June of 2007 the 30 year fixed was at 6.75% and in June of 2006 it was 6.875%. Please share with any buyers / sellers you feel will have a benefit from this information." I am sharing with all of you.

Mortgage%20Interest%20Rates%202005-Present.xlsx