Sunday, October 21, 2012
QE3 Policy Pushes Rates Lower -- Trump Says "Buy Now!"
Although skeptical about the third round of "Quantitative Easing," Donald Trump agrees that this is a better time than ever to buy or refinance: "Try buying the house from a bank, because if you buy it from a bank, they'll loan you the money to buy it because they want to get it off their books, so it's a great time to buy a house. Pick a beautiful house, enjoy yourselves, and try buying it from a bank."
Maybe another reason why rates are hitting new record lows. Our Zillow calculator(at right now) shows a 40 year ragte of 3.25%.