Wow money is cheap!!!

OK so the statistics are in. Today, mortgage rates hit a record low of 4.19% for 30 year fixed. The last time they were this low was in 1951... That means my mom was 1 years old, my dad was 6 years old, and WWII was still fresh in everyone's mind. Fast forward 59 years to 2010, where fiscal policy is elongating our economic recovery and the topics of the month are QE2 ( or quatitative easing the second time around, and inflation is kicking ) and a freeze on all foreclosures in all 50 states due to careless back office staff at banks signing off on every foreclosure case that comes along.... Does anyone else see really really big opportunities here??

Whether for a personal home or for investment use the low interest rates to your advantage! Buy a cheap home in Florida (ie $30,000 homes in Orlando that were $150,000 in the peak), or buy an income producing multi-family that's pumping out a 6%-7% cap and make money off the spread.

Long story short look in the chaos to find yourself a nice passive income.

CNO