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Shane O'Gorman's Blog

By Shane O'Gorman | Agent in Eau Claire, WI

Low Rates Entice Buyers-Record Mortgage Applications-Eau Claire Wisconsin-Altoona-Chippewa Falls-Real Estate

 

Eau Claire Wisconsin Real Estate Agent


According to this story

mortgage applications have been reported at record rates as mortgage rates have fallen to very low levels. “Potential borrowers were lured by enticing mortgage rates, which dropped dramatically after the Federal Reserve unveiled a plan last week to buy up to $500 billion of mortgage securities backed by government-sponsored enterprises, Fannie Mae <FNM.P>, Freddie Mac <FRE.P>, and Ginnie Mae.”


What does this mean for people in our area? I would hope that it would encourage buyers to come out and invest in the community. This is a great opportunity to do so and indeed that is what I am attempting to do here. With rates this low the potential savings is tremendous. If you haven't considered investing in Real Estate in Eau Claire, Altoona, or Chippewa Falls Wisconsin this is your chance. If you have any questions about what you need to do to invest give me a call today. I would be happy to discuss some of the opportunities available.


If you would like to work with an agent who is leading the way call 715-894-1001 today or send me an email.

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