Record rates could mean time to refi or buy

Jun 11, 2012 Full story: KETV-TV

With home financing interest rates hovering at record lows, experts say this might be the ideal time to refinance or look into buying a bigger home.

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Since: Dec 11

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#1 Jun 11, 2012
must comment about this new article "RECORD RATES COULD MEAN TIME TO REFI OR BUY"
My dear friend Jim Turano,Broker of Diverse Real Estate, touched on this subject earlier in April 2012.
Good for buyers "YES"
Refi-Not so fast. According to 33 year Real Estate Broker, Jim Turano, many friends of his, many clients who try to Refi are Turned Down!
Banks have gotten better this year with new buyers getting a mortgage, but to Refi as they say in the streets, "FORGET ABOUT IT"
MAYBE OUT OF NEW YORK, REFI IS FINE, BUT HERE IN GOTHAM CITY, WHERE THE MAYOR TRIES TO FIGHT OBESITY, WHILE INDIRECTLY RAISES TAXES, WATER BILLS, BUS FARES, TAXI FARES, TOLLS, FORCING STORES TO PAY FINES BEFORE GETTING AN 'A' RATING, TICKETING EXPIRED METERS LIKE CRAZY, FORCING THE 10- 30 YARD CONTAINER PEOPLE TO PAY FOR PERMITS NOW, Like a parent dealing with a child he uses the tactics needed to put the serious things out of mind, replacing the serious issue with good old SODA POP & OBESITY ISSUES.
SOME NEWS ARTICLES ARE GOOD, AND SOME NEED TO BE ADDRESSED.

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