Mortgage Rates Heading Higher Starting Spring 2010???

The Federal Reserve said it expects to end a $1.25 trillion program that buys Mortgage-Backed Securities as scheduled March 31, 2010. This program has been the main reason why mortgage rates have been so low. It is widely expected that mortgage rates will rise higher this year (possibly 1 point or more). So, if you are contemplating a purchase, now is a great time to buy while the rates are still historically low (5.0% for a 30-year, fixed-rate mortgage).

If you have any questions about this subject or anything else related to the Cape Cod Real Estate Market, please contact me. Please visit my website, www.SellingCapeCodRealEstate.com, for FREE Cape Cod MLS searching, recent sales, etc.

Rob Serroni's Recent Honors in Cape Cod Real Estate

--25 Total Sales ~ 2009
--Ranked #1 in Total Sales Volume & Number of Listings Sold at Coldwell Banker Martha Murray Real Estate ~ 2009, 2008
--Ranked #1 in Total Sales Volume & Number of Listings Sold (19 total) in Dennis Port ~ 2009
--Ranked #3 in Total Sales Volume & #1 in Number of Listings Sold (22 total) in Town of Dennis ~ 2009
--Ranked Within the Top 100 of all Real Estate Agents in Total Sales Volume in Barnstable County ~ 2009
--Ranked #1 in Single-Family Home Sales Volume & Number of Listings Sold in Dennis Port ~ 2008
--Ranked Within the Top 10 of all Real Estate Agents in Single-Family Home Sales Volume in Dennis ~ 2008

If you have any questions about this subject or anything else related to the Cape Cod Real Estate Market, please contact me. Please visit my website, www.SellingCapeCodRealEstate.com, for FREE Cape Cod MLS searching, recent sales, etc.