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Iowa Finance Authority Single Family Home News for January 29, 2013

By
Real Estate Agent with Grampp Realty: Real Estate in the Quad-Cities Iowa : # S40848000

Davenport, Iowa First Time Home Buyer Information:

Single-Family Header

January 29, 2013 

 

IOWA FIRST-TIME HOME-BUYER ALERT:

"Call Paul" TODAY @ (563) 508-1649

For All of The Details About The Iowa Finance Authority!!!  

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 IOWA FINANCE AUTHORITY RATE WATCH 

  The Iowa Finance Authority's interest rates as of Tuesday, January 29, 2013 at 1:00 p.m. are below.

 

Get rates online, any time at: IowaFinanceAuthority.gov.   

 

Mortgage rate lock-in period is 60 days. In the event reservation period expires, the loan may be relocked within ten days of scheduled closing at higher of original or current rate and fees, as applicable.    

 

FirstHome

Government Loan (FHA/VA/RD)

HFA Preferred®

Rate

3.25%

3.25%

Origination Fee

0

0

Discount Point

0

0

SMF**

None

0.25%

 

 

 

FirstHome Plus

Government Loan (FHA/VA/RD)

HFA Preferred®

Rate

3.75%

3.75%

Origination Fee

0

0

Discount Point

0

0

SMF**

None

0.25%

 

 

 

Homes for Iowans***

Government Loan (FHA/VA/RD)

HFA Preferred®

Rate

3.25%

3.25%

Origination Fee

0

0

Discount Point

0

0

SMF**

None

0.25%

 

 

 

Homes for Iowans Plus

Government Loan (FHA/VA/RD)

HFA Preferred ®

Rate

3.75%

3.75%

Origination Fee

0

0

Discount Point

0

0

SMF**

None

0.25%

  • All loans subject to minimum 620 credit score (except where no credit score, non-traditional credit documentation allowed.)  
  • Secondary Market fee (conventional loans) includes loan level price and adverse market fees.     
  • Manufactured housing restricted to government mortgages.  

"Call Paul" TODAY @ (563) 508-1649

 For All of The Details About How The Iowa Finance Authority Can Help You Purchase a Home!!! 

Single-Family Footer

"Call Paul" TODAY @ (563) 508-1649

For All Of Your Real Estate Needs!!!  

"The Quad-Cities Premier First-Time Home Buyer Specialist"

Follow and "Like" Me on Facebook! Follow me on Twitter! Follow Me on Linked-In Follow Me on Google Plus 

Posted by
Paul David Hiebing, REALTOR®

"The Quad-Cities Premier First-Time Homebuyer's Specialist"
 
"Call Paul" @ (563) 508-1649 for all of your real estate needs.

Licensed Real Estate Agent in the State of Iowa 
Licensed Real Estate Broker in the State of Illinois

Grampp Realty of Bettendorf, Iowa
2500 18th Street
Bettendorf, Iowa 52722
Office Phone:(563) 359-4401 Ext # 264
Cell Phone: (563) 508-1649
Office Fax: (563) 359-4405
Cooper Jacobs
Looking For A Seattle Realtor? COOPERJACOBS.COM - Seattle, WA
Real Estate Brokers - Seattle

Thank you Paul. This is a good update on rates and we like to keep up with where interest rates are going.

All the best to your business in 2013 and locking those rates low. Thanks again.

Jan 29, 2013 04:54 AM
Paul David Hiebing
Grampp Realty: Real Estate in the Quad-Cities - Bettendorf, IA
Quad-City REALTOR®, @ Grampp, Realty of The Q.C.

Thanks,

The interest rates actually went up .25% (from 3.0% to 3.25% for FH and 3.5% to 3.75 for FHP & HFI) which is surprising to me, based on the slowing in GDP last quarter. 

Hopefully, this will be just a minor blip in the economy, based on the fears of the "fiscal cliff" fiasco.

But, even so, it is still a great time to buy a home in Iowa. 

Jan 29, 2013 11:34 PM