Some buyers panic after mortgage rates surge · PERT Florida Real Estate School

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Some buyers panic after mortgage rates surge PERT florida real estate School While the Florida Real Estate market remains at its current state of high inventory and low prices, bargains do exist for foreign national buyers who are ready and able to make their purchases in the midst of this down market.

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From USAToday: Foreclosures drop, but they’re nearly double 2006 home foreclosure filings fell 8% in September from a 32-month peak in August, but they were still nearly double year-ago levels, real estate information company said Thursday.

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McCain didn’t single-handedly create this problem but he made it worse Monday when, as Wall Street was melting down, he uttered words — "the fundamentals of our economy are strong" — that totally.

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