Will be hiring a bus to tour foreclosures in our area of Fairafield County.(Danbury, Brookfield, Bethel, New Fairfield, etc.) As of today I eard the interest rate is 4 1/2%. Could that be true? The foreclosures seem to be in the 150,000 to 300,000 price range. Since they announced a $7,500 payment for first time homebuyers, it should be a stimulus to purchase. I will be waiting....
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