I often say that interest rates are one of the most important and frequently overlooked facets of the home buying process. Since buyers will pay for many years after the purchase of a home, the interest rate on the “rent” of the money is just as important as the original purchase price. I just received this update advising of a loan product with 3.875% rate with 0 points from one of the lenders I work with. Now that’s a pretty great rate.
There are some really excellent interest rates out there at this time. Who is the next person you know looking to take advantage of these low rates, give me a call.