Why Interest Rates lncrease Very Soon

Buy That Home Now – Before Mortgage Interest Rates Go Up!

Here's a very important article I'd like to pass on for you.

Jeremy Siegel, Professor of Finance at the Wharton School of Business, and one of the foremost experts on the economy, predicts that “historically rates will move toward normal” in 2010.

Translation: If you want to borrow money to buy a new or existing home later this year, you’re going to pay more! Professor Siegel says that, overall, 2010 will actually be a good year economically – unless you’re a borrower!

The reason is that he believes the Federal Reserve will be forced to raise interest rates because of the improved economy and increased profitability. This action will be taken to keep inflation at an acceptable level.

So, there you have it! By buying now, you can save yourself a heckuva lot of money on a mortgage.

Plus, don’t forget – you can save even more through the government’s Home Buyer Credit Program – up to $8,000 if you’re a first-time home buyer and up go $6,500 if you’re a long-time homeowner buying a new principal home!

P.S. The Homebuyer Credit Program is scheduled to end April 30, so ACT NOW!