What if I told you that you could receive a guaranteed rate of return on your money of over 60% per year? Would that interest you at all? Of course it would; you are a rational, financially conscious human being. Well, let me give you a scenario where that is not only true, but highly likely in today’s mortgage interest rate environment:
Monthly Archive: November 2009
Nov
18
Interest rates have only one way to go!
Let me make a statement, and I hope you truly digest what I am about to say: the interest rates on mortgages here in Brevard County, Florida are about 1/8% off of their lowest levels in history. That means that if you qualify for a mortgage, you could potentially get a better rate on your loan than just about anyone in history. With interest rates and home prices as low as they are, people should be lining up to buy homes. However, these rates have only one way to go, and we are headed there soon.
Nov
06
First Time Homebuyer Tax Credit Extended Into 2010!
First Time Homebuyer Tax Credit Extended Into 2010! Plus…A New Tax Credit for Certain Existing Home Owners! It’s official. President Obama has signed a bill that extends the tax credit for first-time homebuyers (FTHBs) into the first half of 2010. This program had been scheduled to expire on November 30, 2009. In addition to extending …
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