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Pulling out all the Stops-4.50% Mortgages for All Buyers

I recently learned where that phrase came from. During the Baroque period, pipe organs were tested to the fullest extent for air flow by playing them at full volume. Basically, this invloved pulling out all the stops.

Wow, you have got to get to the link in today's Wall Street Journal Real Estate section. There is consideration under way for the Treasury Department to encourage lenders to sell mortgages at a rate of 4.50%. That is a full 1% below current market rates today. Would that open the flood gates for buyers. I would say, get your business plan in place now to garner your peice of the pie.

It is never to early to say Merry Christmas!!

Here is the link to the WSJ article to paste in your web Browser:

http://online.wsj.com/article/SB122833771718976731.html

Posted Wednesday Dec 03