Friday, November 13, 2009

4.875% 30 Year Fixed Conventional Loan

I thought you'd like to know. I was talking with a mortgage lender last night and she told me that a 30 year fixed rate conventional loan was at 4.875% yesterday. That's AWESOME! If you own a home and aren't planning on moving you might want to consider refinancing. If you are thinking about buying a home then now is the time!!!! This rate combined with the fist time homebuyer tax credit of $8,000 or the homebuyer credit of $6500, makes buying a home or even selling a home right now ideal. There are even programs in our area that you can buy the home with zero down and have no PMI and still get that rate and the rebates! If you're even considering buying, contact us and we can give you more details about all this.

Thanks,




scott

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