Sunday, April 5, 2009

Mortgage Rates hit new lows

Freddie Mac report that 30 year mortgage rates fell to a record low of 4.78% this week. This is an unprecedented opportunity for First Time Home Buyers (& all buyers and refinancng homeowners).

Interest rates are unlikely to stay this low for long, so take advantage of them while you can. Take the low rates in conjunction with the $8,000 First Time Home Buyer Tax Credit and the possibility of a 3.5% down FHA loan, First Home Buyers have a wonderful opportunity.

Call us about being pre-qualified and see if you can buy your own home. Our Lender Partners will work with us to help you through the process and you'll be on your way to the joys of Home Ownership!

Sue Ellett
Broker-Associate
Coldwell Banker United Realtors
Paragon Property Group
512-422-7182
suemellett@yahoo.com

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