- Image via Wikipedia
This is the right time to make your move!
If you are a qualified homebuyer*, there has never been a better time to buy a home. Homes prices have stabilized and are selling at discounted prices, less than 50% of the former price. They’re selling lower than a builder could possibly build and sell homes profitably.
Interest rates are now at 50 year lows, with no point rates available on 30-year fixed loans for about 4.5%, which makes homes even more affordable. Government-backed loans have become the norm, with FHA becoming the easiest loan for many homebuyers to use. Read the rest of this entry »