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interest rates: Low interest rates today better incentive than $8000 tax credit of yesterday. - 08/02/10 05:38 PM
I just wanted to let everyone know that Interest rates today are as low as 4.5% on a 30 year fixed loan. There are a lot of buyers out there bummed out that they didn't or couldn't take advantage of the $8000 first time home buyers tax credit. I got to thinking and did some calculations that confirmed my thoughts.
The current low interest rates will actually save you much more than the $8000 hundreds of thousands of americans received this year. Look at it like this.
Most buyers who took advantage of the tax credit received between a 5.3 and … (3 comments)

 
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Brian Eddins, e-Pro

Norman, OK

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Don Cies Real Estate

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