30 YEAR CONFORMING RATES IN THE 3'S

JUST IN

MORTGAGE RATES DROP INTO THE 3's

I just received an email from one of our professional lender's stating that Home Loan Interest rates have just dropped into the 3's.  See her statement below.  

If you know of anyone that is thinking of selling or buying a home now or just after the first of the year, please have them call me at 817-975-6607 or shoot me a quick text.   The Inventory of homes are at all time lows and this will mean a harvesting of more homes by buyer's wanting to capitalize on these low interest rates.   This is an absolute bonanza for home sellers wanting to maximize the Return on their investment as well.   Please keep in mind that if you are a seller, you still must price your home at market.  Very few appraisers are willing to stretch values and buyers are more market savy than ever before.   

Loan Officer Statement

Conforming 30-year rates, even jumbo 30-year rates, in the 3’s!  Call me if you would like to see a specific scenario.

Also, for your first time home buyers, new guidelines coming out today will allow 3% down on a conventional, Fannie Mae loan.  This is even lower than the 3.5% down required on FHA.  Additionally, this loan will avoid the upfront mortgage insurance fee of 1.75% of the loan amount that FHA charges!  (Read the Fannie Mae news release here:http://www.fanniemae.com/portal/about-us/media/corporate-news/2014/6203.html)