Posts Tagged ‘First Time Homebuyer’

What is More Important to the Homebuyer? Price or Interest Rate?

What is More Important to the Homebuyer? Price or Interest Rate?

Let’s say you are looking to buy a new home this year. First, that makes you smart, since 2011 may have the best combination in the history of home-buying, for affordable home pricing, wide choice of available homes and historically low interest rates. But you’re not just smart, you’re really smart. You’ve done your homework, [...]

Take Advantage of Record Low Mortgage Rates

Take Advantage of Record Low Mortgage Rates

Mortgage rates are at an all-time low making it a great time to purchase a new home. Rates on a 30-year fixed-rate mortgage hit an average of 4.3 percent in September, and a 15-year mortgage rates are even better at 3.8 percent. To provide perspective on how great these new rates are, in 2007 30-year fixed [...]