Interest Rates Down Again

Dated: 10/31/2019

Views: 186

The Fed has just reduced rates by another 25 basis points and has indicated that they may take a pause. Looks like there may never a better time to think About a mortgage. Prices on LBI are just going to continue go in one direction and it is not down. all of the new additions on the Island are going to attract more high end buyers and it is only going to become more competitive. if you have been sitting  on the fence it is definitely time to rethink your position. Rentals continue set records and that also introduces new buyers into the equation. As always, a word to the wise.

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