Maui Real Estate BLOG

Lawrence's Maui Real Estate BLOG

Welcome to my LahainaMaui.com blog. Here you will find updates as to what is going on in the Maui Real Estate marketplace. Sometimes that will be full of Real Estate facts and statistics via the Maui Board of Realtors and sometimes it will be my feelings or gut instincts as to what is going with Maui Real Estate. Either way I will be checking in with you often and hope that you find this to be an interesting and useful tool. Please sign up and get instant updates!!!

Mahalo,

Lawrence P. Carnicelli, Broker

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Maui Real Estate BLOG
Your guide to Maui Real Estate

Friday Rates
Friday Rate quotes

September 05, 2008

Have I said it doesn’t get any better than this to buy a new home? I know I have and I apologize for sounding like a broken record, but you have to stop and look at these rates. We have had rates go down four straight days in a row. The rates are fantastic, the sellers are motivated and there are great properties on the market for sale. It just doesn’t get any better than this if someone is thinking of buying a home. The bell is ringing so loud it is deafening. We have to be near the bottom of the market with value stabilization in site. Activity is definitely picking up.

This week the stock market has taken a little hit, but, oil is plunging down helping to stabilize the dollar against the Euro and the Yen. This stabilization is driving investors to the safe haven of treasury bonds and is pushing rates lower. With rates back in the 5’s this should definitely get the fence sitters down and in the game.

Posted in categories:

[Mortgages and Financing]

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Mortgages and Financing