Real estate blog entries tagged with low interest rates by Bob Willis, Whittier Realtor® Whittier Real Estate - Whittier Homes (Prudential California Realty, Whittier California)

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Home : Blogs : Bob Willis, Whittier Realtor® Whittier Real Estate - Whittier Homes : Whittier CA Real Estate - Whittier Homes and Community News : Tag "low interest rates"

low interest rates: How Things Have Changed in the Past 3 and a Half Years - 02/07/12 09:00 PM

I just came across an old spreadsheet that I had created on October 7, 2008 that compared interest rates and payments for a typical home in Whittier.
The average interest rate at the time was 6.5%.
The average Whittier home price was $470,000.
FHA loans allowed borrowers to have a down payment of only 3% of the purchase price.
Today, the nationwide interest rate for a home loan is 3.88%, according to bankrate.com.
Today, the average Whittier home price is $295,000 (based upon last 3 months of sales).
Today, FHA loans allow borrowers to have a down payment as low as … (5 comments)

low interest rates: Reasons to Buy a Home Before April 30 And Save Money - 01/21/10 11:24 AM

Do you want to save money in the purchase of a home? There are several ways that you can save money if you buy a home before April 30.

The most obvious reason is because you may be eligible to receive a Tax Credit from the IRS, which can be as much as $8,000 for first time home buyers or up to $6,500 for people who have owned their current home for at least 5 years, and want to buy another home to live in.
Here are the ways you can save money, only if you purchase before April 30:
… (1 comments)

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Bob Willis, Whittier Realtor® Whittier Real Estate - Whittier Homes

Whittier, CA

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Prudential California Realty, Whittier California

Address: 16128 E. Whittier Blvd., Whittier, CA, 90603

Cell Phone: (562) 639-9400

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Bob Willis, of Prudential California Realty in Whittier, is a real estate agent who was born in, works in and markets real estate in Whittier, California, and surrounding communities, including La Habra, La Habra Heights, La Mirada, Santa Fe Springs, Norwalk and Hacienda Heights.

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