Increased Buying Power
Due to recent aggresive action by the Federal Reserve, mortgage interest rates have dropped to near 40-year historic lows. Today, a 30 year fixed rate loan is 5.67% which is down from 6.7% in July 2007. That rate reduction could help you afford a home worth $30,000 more in today's market, without a meaningful increase in your monthly payment.*
Greater Selection
With more houses on the market, the opportunity for you to find your dream home has never been better. And with more properties to select from, you will also be well positioned when it's time to make an offer. |
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Lots of Mortgage Options
Many mortgage products are available to suit all types of home buyers - from conventional fixed rate products and ARMs, to FHA and VA loans for borrowers needing more flexible lending options.
Perfect Timing
Traditionally the spring selling season is the busiest time of year in real estate.
That means more competition in the market, potentially interested in purchasing your dream home. By astarting the process now, right before the market heats up, you'll have a jump on the competition which can certainly be to your advantage. Looks like the Jones will have to fend for themselves |
