Have you seen the rates lately? I still consider anything under 8-10% to be a bargain. We might not see the 3-4% days for a while, but look back many years and you’ll see 8%, 10%, 12%, and even higher! Here’s some recent information that I found….
The U.S. Census Bureau and the Department of Housing and Urban Development jointly reported today that the construction of new privately-owned residences grew for the second straight month, rising 0.8 percent in March.