Post-Tax Credit Buyers May Save Money - The Silver Lining... - 05/30/10 09:29 AM
Daily Real Estate News  |  May 27, 2010  |   Share Post-Tax Credit Buyers May Save Money
Missing the tax credit deadline might have seemed like a big mistake to some home buyers, but waiting could have been the smartest thing to do.Interest rates have fallen so dramatically since April 30th that the typical purchaser of a $350,000 home, financed with a $280,000 mortgage, would have saved a bundle by waiting until May.At April's average rate of 5.34 percent, a home buyer would have locked in a 30-year fixed rate loan with a monthly payment of $1,561.82.The same borrower could have snagged a 30-year fixed … (0 comments)

 
Joe & Lynn Schnurr (Keller Williams Realty Denver/Southlands) Rainmaker_large

Joe & Lynn Schnurr

Aurora, CO

More about me…

Keller Williams Realty Denver/Southlands

Address: 6235 S. Main Street , Suite 250, Aurora, CO, 80016

Office Phone: (303) 471-0547

Cell Phone: (303) 898-1007

Email Me



Listings

Links

Archives

RSS 2.0 Feed for this blog

Find CO real estate agents and Aurora real estate on ActiveRain.