6 reasons why it is still a good time to buy or refinance!

1-  Interest Rates are still very close to historical lows, and still lower than they have been in several years

2-  Home prices are much lower than they have been in years

3- $8000 Tax Credit for 1^st time home buyers

4- If you have not owned a home for 3 years, you are considered a 1^st time home buyer

5- For many, it is better than continuing to rent 

6- Purchasing power - a slightly higher rate combined with a slightly lower price could equal the same payment with a lower size loan to pay back