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Originally posted by Gamma
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...not entirely fair...let me add...fire sales, foreclosed property...are out there for those who want to purchase as a home.
...for those wanting to sell it is still not a bad thing to properly price your property (waaaaay below values of February this year) and still realise a fairly quick sale (relative terms ...now in 90 days or thereabouts).
mortgages
Persons with good to excellent credit I am still giving 30 year fixed @ 6.25%-6.3% at par... for purchses and refis home buyers - single family homes.
investment properties and multi-family homes that the owner is not going to occupy rates are much higher and terms are much tighter...
...that is a more complete picture!
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