Real estate blog entries tagged with interest rates by Joshua Shope (Coldwell Banker Select Professionals)

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Home : Blogs : Joshua Shope : Joshua's Blog : Tag "interest rates"

interest rates: Right now is the best time to buy a new home! Here's why. - 02/13/10 10:12 AM

Right now is the best time to buy a new home! Here's why. Homes are "priced right," making them more affordable, and in many markets, there is existing inventory from which to choose Rates are near historic lows, which keeps monthly payments low, but rates are predicted to rise in the coming months The "Homebuyer Tax Credit" is set to expire soon- purchase contracts need to be written by April 30th, with closing to occur by June 30th HUD is contemplating potential changes to FHA, which would increase the down payment from 3.5% to 5%, so let's take advantage of the … (1 comments)

interest rates: Main street bailout has come!!! - 12/19/08 08:28 AM

As agents and consumers it looks like the bailout has come to "Main street". What I mean is the super low historic interest rates. By the fed. buying some of mortgage back securities right before Thanksgiving we saw interest begin to fall. It almost seemed that they were falling faster then gas prices. When this took place we saw the rate almost drop an entire percentage point. So for someone with an average loan in Palmyra, Pa which is about $200,000 their new saving if they refinanced or decided to buy a home with new great rates would be a saving … (0 comments)

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Joshua Shope

Palmyra, PA

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Coldwell Banker Select Professionals

Address: 555 E. Chocolate Ave Suite 203, Hershey, Pa, 17033

Office Phone: (717) 735-1337

Cell Phone: (717) 823-1313

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