Almost all of us have it and it always seems to be impossible to completely get rid of it. This nuisance of the financial world has taken a front seat globally and is now gripping world markets in a state of fear and uncertainty. Of coarse the term I am talking about is DEBT. With our own issues here dealing with how to properly raise the debt ceiling while working on a balance of deficit cuts and probable tax hikes and Europe's ongoing Sovereign debt crisis between Greece, Ireland, Portugal and now even Italy, it seems that the modern world is finally understanding the nature of its previously frivolous ways.
Meanwhile the bond market has benefited greatly over the previous two sessions and rates have dropped back down to the lows seen from over a week ago. However, a cautionary tale persists and with an influx of treasury auctions coming this week and the ever important PCE inflation gauges, it is extremely important to be prudent about taking advantage of what positive strides we have taken as of late.
As I keep telling all my clients, purchasing a property has never been this attractive. I guarantee that rates will go up, and when they do, it might come in the form of a spike that could wipe away any positive advantage a potential buyer might have in making a sound investment.
About Tamir Lahav

Tamir Lahav joined Peak Finance Company in May of 2006. Lahav brings to the table a strong understanding of how all aspects of the mortgage business impact consumers and their ability to obtain affordable mortgages under any economic climate. His advanced product knowledge, combined with an exceptional customer service ethic and insight into market conditions, have made him a valuable asset to the Peak Finance Company team. Lahav successfully merges his expertise of exceeding customer expectations with knowledge of changing market conditions to successfully help all of his clients find the perfect solution for their needs.
Tamir can be reached at
tamir@peakfinanceco.com.