You are a first time homebuyer and missed the April 30th deadline. No worries, you actually can make MORE now! With the interest rates almost a full percentage lower since April 30th, over a 30 year mortgage, the savings can be over $30,000!
With a $200,000 mortgage, and the mortgage rates at 5.25% THEN, and now at 4.25%, the savings could be even over $30,000! AREN'T YOU GLAD YOU WAITED! Now that $6,500 (for move-up buyers) or $8,000 (for first time homebuyers) looks LOW!@#! This is based on a 30 year rate, and if you go to a 15 year rate, the interest rates are even lower!
If you having been thinking of purchasing a home soon --- rates are fabulous here!
Cherry Creek Mortgage -
Dave Marcus 303-847-8852
4.25 % 30 year fixed FHA, Conventional and VA
3.75% 15 year fixed
Jumbo loans - 5-1 ARM 3.75%
7-1 ARM 4.0%
Jumbo 30 year FIXED 5.25%
There are still some great listings out there --- call me and we can take a look!