The latest edition of “This Month in Real Estate” provided by Keller Williams gives us some valuable figures to ponder.  Did you know that a 1% drop in interest rate effectively translates into a 10% discount on the sales price of your new home?  With interest rates still at historic lows and home prices already depressed, you are getting more than a deal these days.  Historically speaking, you’re getting a steal.  Enjoy the latest stats and comments in this video…

This entry was posted on Friday, February 13th, 2009 at 9:25 am and is filed under Financial, Home Tips, Market Statistics, Mortgage, New Buyers. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.