Cape Coral and Fort Myers home buyers! Now is the time to take advantage of low home prices combined with low mortgage rates and make the move!

Here’s some good news for home buyers! The average rate on 30-year mortgages fell below 5 percent for the first time on record this week. Unprecedented low mortgage rate combined with ultimate low home prices creates a buying opportunity that potential can’t pass up.

Now may be the time to buy the Cape Coral or Fort Myers home you always wanted. Cape Coral gulf access homes and Fort Myers gulf access homes are available at bargain prices. There is also a great selection of entry levy homes for first time buyers or investors in Cape Coral and Fort Myers. Many are foreclosures or pre-foreclosures. For a free list of available homes visit www.barbaraklare.com or call 239-292-1358

Freddie Mac reported Thursday average rates on 30-year fixed mortgages dropped to 4.96 percent this week, down from the previous record of 5.01 percent, established last week. Mortgage rates have been going down because the Federal Reserve was going to pump money into the banking system to get banks to create new loans.

Deanna Rivera of Key Mortgage in Fort Myers has seen a tremendous increase in business in recent weeks. The bargain prices of Cape Coral and Fort Myers homes are hard for buyers to resist. For a free no obligation consultation of your home loan goals visit: www.deannarivera.info or call 239-791-5555 Ext 103

Deanna has seen rates as low as 4.525 percent for people with good credit scores. For qualifying buyers Federal Housing Administration (FHA) loan programs are have rates about 5.00 percent. 100% financing is still available in some Lee and Collier County areas.

Thinking about buying in the Cape Coral and Fort Myers area? Now is the time to take advantage of low home prices combined with low mortgage rates and make the move.