If you have been thinking about buying a property while the prices are still low, don't wait too much longer. When the Fed stops buying mortgage bonds, the rates are going to go back up from the artificially low to the historical average of 6 - 7%. Take a look at this video which analyzes the anticipated rates and what your dollar will be able to buy if you are planning to finance your purchase.
You will get less for your money.
If you want a list of home/condos for sale in the Ocean City area, please feel free to contact me. I will be happy to set up a link for you to all the properties that meet your needs.
Press the play button to watch the video.
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