Interest rates predicted to reach 6%

Interest rates are likely to rise to 6% by the end of 2010, predicted Amy Crews Cutts, deputy chief economist at Freddie Mac.


The end of the Federal Reserve program that buys mortgage-backed securities will drive rates higher because private buyers will demand more return than the Fed.

"Extraordinary resources have been put into keeping the rates down and supporting the mortgage markets and it's hard to imagine that the rates can go much lower than they are," Crews Cutts said. "Anything we get at or below 5% is a gift at this point."

Source: Washington Post

So, don't wait.  If you are planning to buy this year.  Do it now!!  Rates are hovering around 5%.  You can get a lot more home for your money with a lower interest rate.  In northern Cincinnati including Mason, West Chester, Maineville, Loveland - Call Sibcy Cline Realtor Michelle Sloan for the latest and best information regarding real estate in the area.

Home for Sale - Mason Schools

5980 Deer Run, Mason OH 45040

Open House - Sunday January 10
Noon-1:30pm

3 BR Gem with lots of updates.  Great for 1st time homebuyer.
Call Sibcy Cline Realtor Michelle Sloan to schedule a private showing.  Serious buyers only.  513-600-5277.

Planning to Buy in 2010

Now is a great time to consider buying a home. 
It's a new year and it pays to buy a home instead of renting.

1. First time homebuyers may be eligible for a tax credit if purchasing before the end of April 2010.
2. Interest Rates are still low.
3. Good selection.  More homes will be on the market in the coming months.

Important Steps Before Home Shopping

1.  Get Qualified - talk to a Mortgage Broker ASAP
2.  Talk to a Realtor in the area you want to buy - create a plan

In Northern Cincinnati including Mason, West Chester, Blue Ash, Sharonville, Maineville, Landen  CALL Sibcy Cline Realtor, MICHELLE SLOAN.  www.SloanSellsHomes.com

Make an appointment with Realtor Michelle Sloan to create a specialized plan to get you into a home you can afford and she offers great referrals for quaified mortgage brokers, home inspectors and contractors for home improvements.  Michelle Sloan is your real estate expert in Northern Cincinnati, Ohio.

Merry Christmas. See you in the new year. Call Michelle Sloan to list and sell in Mason,Oh. www.sloansellshomes.com

Mortgage Rates Up BUT Still Below 5 Percent

Freddie Mac released the results of its Primary Mortgage Market Survey in which the 30 Year Fixed Rate Mortgage averaged 4.94% with an average of .7 points up from last week when it averaged 4.81%.

The 15 Year FRM averaged 4.38% up from 4.32%. Bottom line is rates have gone up slightly this week.

Now is still a great time to buy.  Take advantage of low rates and sellers who are ready to deal!!

Call Sibcy Cline Realtor Michelle Sloan for all your real estate needs in the northern Cincinnati area.

http://www.sloansellshomes.com/

New Listing - Deerfield Twp

Check it out ---

5980 Deer Run Dr Deerfield-Twp. OH-45040

Charming 3BR home-much LARGER than it looks! $17K+ in updates: new roof, front door & French doors to walkout, updated bathrooms, AC unit, vinyl fence/landscaping/ex. lighting. 1900 sf. Close to shopping & I71/275. No HOA/Mason tax.  This is priced to SELL.  Mason Schools!

http://www.sloansellshomes.com/

For a private showing --Serious Buyers call Sibcy Cline Realtor Michelle Sloan at 513-600-5277.

Do you know your credit score? Planning to buy a home in the next 3-6 months? Find out how to increase your score to get a better rate. Free mortgage referral.

Home Buyers -- Be realistic when negotiating with a seller if you want to make a deal. Please listen to your Realtor for good advice. Each city is unique.

New Listing - Liberty Twp - Lakota Schools

5562 Creekside Meadows

Beautiful 2yr old/4BR home in Creekside Meadows. Great open fl plan, huge kitchen w/island open to sunrm, 42 cabs, 9' ceilings, 1st fl stdy, $22K+ in upgrades-sprinkler sys, paver patio/fire pit, landscaping, humidifier, hunter douglas blinds. This home has it all!! PRICED TO SELL!  Super neighborhood with walking trails.

Call Sibcy Cline Realtor Michelle Sloan for a private tour.  Serious buyers only!

Busy Day in Real Estate..

Real estate is popping.. just in time for the holidays and end of the year! Anyone want to list now?? Mason City Schools.. Call Me!

Michelle Sloan, Sibcy Cline Realtor.
msloan@sibcycline.com
513-600-5277