HOME FINANCING JUST GOT A LOT BETTER ... HOW YOU ASK?
NEW CONVENTIONAL LOAN PROGRAM OFFERING 3% DOWN PAYMENT & ...INTEREST RATES HAVE COME DOWN A LOT IN THE LAST 23 DAYS ...
In mid December, interest rates for this new conventional loan program was 4.625% ... as of today 1/7/2014, the interest rate for this same program is 4.375% ...
What does this mean to the average home buyer?
If you were to purchase a $400,000 home putting 3% down, your payment would be $80.00 less than it would have been a few weeks ago!
What does the difference of $80.00 to $100.00 a month translate to when considering how much to offer on the home you just fell in love with?
That $100.00 would increase your purchasing power by $10,000!
Now that the holiday season is over and with Spring on the horizon ... now may FINALLY be the time to become serious about becoming a homeowner.
There are so many resources available to help get you started.
If you would some recommendations ... just let Allison of Van Wig & Associates know as we would love the opportunity of helping you make your homeownership dreams come true.
To see what homes are available just visit www.AutomaticHomeSearch.com .
No comments:
Post a Comment