Low interest rates2 of 7Interest rates and home prices are at all-time lows. "If we look historically at interest rates, cyclically we've seen drops every December through January," says Hayden. "While rates are now at all-time lows, we could dip even lower," he says.Tyler agrees, "Interest rates have to come up sometime but it won't be during the holidays." Related Articles:10 steps to 'short-sale' buyingFind the right house for you7 steps to great foreclosure buy'Perfect' time to buy a homeRelated Links:15-year or 30-year mortgage?Fixed- or adjustable-rate mortgage?Rent or buy your next home?Estimate your FICO score – free! advertisement
Interest rates and home prices are at all-time lows. "If we look historically at interest rates, cyclically we've seen drops every December through January," says Hayden. "While rates are now at all-time lows, we could dip even lower," he says.
Tyler agrees, "Interest rates have to come up sometime but it won't be during the holidays."
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