Interest Rates are Awesome! 1/2 Full or 1/2 Empty?

This week's economic numbers can be looked at two ways....either our economy is half full or half empty. New home sales showed a surprising increase in sales for the month of September (could it have anything to do with the builder incentives?) and resale home prices may have stabilized and even improved in some areas. Tech stocks are doing great with Microsoft, Apple, Google and Intel leading the way. Airline stocks, after years of being beat up, are showing profits including our homie U.S. Airways. Las Vegas is at 95% capacity and the resort and entertainment industry is going strong. More Europeans and Canadians have visited our country this year than ever before. We are still out shopping, traveling, spending, going to movies, buying electronics, video games, DVD's, eating out, living our lives, looking at houses (some of us even buying). And we live in one of most beautiful and economically sound states in the union.

FYI: Interest Rates are awesome! And if the Feds drop the Fed rate next week, adjustable rate mortgages, along with the 30 year fixed will give buyers more financing options.

• 30 Year Fixed 6.250
• Loan amounts up to $417,000
• FHA 6.500
• Loan amounts up to $263,150
• VA 6.500
• Loan amounts up to $417,000
• 3 Year ARM 5.875
• Loan amounts up to $417,000
• Jumbo
• Loan amounts over $417,000

Considering relocating to the Metro Phoenix area, whether you are relocating for a new job, for family, or to retire, I can help make your move successful and stress free. Not sure which neighborhood is right for you? Need information about schools, employers, local taxes and financing? Be sure to Contact me for all of your relocation needs including:

• Community and school information (with maps)
  
• Personalized home searches based on your needs
  
• Expert advice on local taxes and financing
  
• Expert advice on local businesses and employers
  
• Referrals for movers, utilities and other local service providers
  
• Hotel reservations and other travel assistance
  
• Anything else you need to make your move successful

Please feel free to browse through some of the East Valley areas (click link) and be sure to let me know if I can be of assisstance to you in all your real estate needs. Fantastic lenders available upon request to help you get pre-qualifed.

Other help-ful resources:

• Before Your Search Begins - Basics of Home Buying
• TO RENT OR TO BUY? - BUYING THE BEST HOME: SERIES 2
• What A Difference A Year Makes...
• A Great Time For First Time Buyers - FHA Loans
• Why do 1,000 new residents move to Gilbert, Arizona each month?

Candace Robinson - Help-U-Sell Southeast Valley 480-202-3558 - 1521 E. Elliot Rd. Ste101, Gilbert, AZ 85234