Hi J, Paul's response is on the money. When buyers and sellers ask me when is a good time to buy or sell, I always tell them right now. Waiting for the interest rates to drop is like waiting and trying to time the stock market. A good buy is a good buy in any market. If you are serious about buying, there are many great deals out there right now. I don't know if the interest rates will come down any more - I don't have a crystal ball. However, if you look now, before the Spring rush, you may find something that suits your needs and at a great price. You can probably lock in an interest rate now and get a lock in with a float down if the rates come down some more. I am a certified buyer representative - that means I can work for you instead of the seller. If I can assist you or you have additional questions, please contact me.
Happy New Year!
Century 21 Princeton Properties