With mortgage interest rates at all time historic lows….
They got lower? Yep.
While this may not be the spur that the economy needs, (with how crummy the job and unemployment reports are)… It sure is one hell of a good time to lock in 30 years of mortgage financing. In fact, with the way lenders are now compensating mortgage brokers – it’s the best time ever. Did you know on an FHA you can get an interest rate under 4.00% – with no points… AND a credit from the lender to cover a good half of your closing costs? Its nuts.
Contrary to the media, Lenders are loaning money. A LOT of money. And as long as you have the three magical ingredients on your side…. Good Credit, Solid 2 years of employment, and the income to support the payments – then you can take advantage of it.
Purchases and Refinances - Conventional, FHA and VA
Call me! Let’s take advantage of the cheap money!
