Files, Files, Files…

Happy New Year!  I have to apologize for not posting for a little over a week.  The past month has been, well, hectic.  Hectic, however, in a great way.  30 year fixed mortgage rates are the lowest they've been in years and have stayed low for several weeks.  There has been a surge of refinance transactions in my office.  We're thankful for the business, but we're even more thankful that the rates have been somewhat consistently low for a few weeks.  Of course I'm thankful for the opportunity to help those who need to refinance save money on interest, but I'm more thankful that we're starting to see those who are prepared to purchase begin to make decision on homes because they are now a little more affordable.

Now is an amazing opportunity to purchase a home.  If you are even thinking about buying a home it's important to figure out your current financial position.  If you're a first time home buyer preparation for home ownership is vital.  If you're ready to move onto your second home, you need to learn the recent changes in mortgage down payment requirements.  If you're thinking about buying a rental or investment property, you need to learn the changes in investment financing requirements.

With rates low, now is the time to begin the inquiries.  If you haven't already been educated on your possible real estate transactions and are thinking about making a move in the near future, give me a call and prepare yourself to take advantage of our current market!