INTEREST RATES COMING DOWN!

From my favorite Countrywide lender, Jason Pike:

We are starting to see interest rates head downward. Buyers appear to be warming up and starting to realize that the world is not ending. Sellers are starting to realize the truth about the market and are staring to pricing according! Sellers are starting to see the light and are no longer blaming the agents for the reason their house is not selling! Interest rates are currently under 6.00% at an affordable price. Simulate your listings - offer seller paid points for a permanent interest rate buy-down for potential buyers. This seems to be working in many markets. The cost of a buy-down equates to four times the amount borrowed. In other words, if the cost of the buy-down is $2,500, the borrower may borrow $10,000 at the same payment without the buy-down.