How do you cash in on one of the best deals on the mountain right now? Looking for homes in Government Camp, Rhododendron, Brightwood or Welches? The current drop of around 1% in interest rates this week presents great opportunities. Rates went from 6.5% to around  5.5% and under.

TWO GREAT THINGS COME OUT OF THIS:

1. A buyer with borrowing power this week with a similar  payment as last week using their purchasing power to buy a house for 10% LESS with the rate decrease.

2. One other way to look at it is a buyer now can buy 11% MORE house than last week.

This has improved purchases in some areas but when will rates be this low again!