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Market Rallies~Interest Rates Drop

by emmy m mcleish on March 7, 2009

Some days are better than others and today is a good day. I had 2 clients with home purchases they were waiting to close escrow on. They were both also waiting to lock  in their interest rates, desiring something a little better than 5.5%. (I don’t know when 5.5% became a less than desirable rate).ag00308_

Well today their wait paid off, as they were able to lock in at rates of 5% due to the quick action of the loan officer Linda Hall at First Priority Financial who was closely watching the market for a rally.  Being in the right place at the right time and having a good team to get you in the right place is a beautiful thing. It puts a smile on my face. Congratulations Mel, Terry and Christine on securing a great interest rate on your new homes!

Emmy McLeish~providing real estate services for intelligent people in North Phoenix,Peoria and Glendale, Arizona

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