NOW Is the Time to Get a Home Loan!

Mortgage rates have dropped AGAIN and are extremely low. This makes it a GREAT time to buy or refinance a home. Why act now?

A drop in rates provides a tremendous opportunity to refinance and reduce your monthly mortgage payment and potentially save thousands of dollars over the life of your home loan. It's also a great time to buy a new home.

First-time homebuyers are eligible for an $8,000 tax credit, which does not have to be repaid unless you sell your home within three years. The credit is available for purchases completed on or after January 1, 2009, and before December 1, 2009.

If you're still sitting on the sidelines waiting for housing prices to hit bottom, you should consider that what might be gained from a further drop in housing prices could easily be lost by a rise in interest rates. Plus, locking in your low rate now gives you the peace of mind to keep looking for the perfect home without worrying about losing a potentially great rate!

Rates continue to be volatile and this opportunity might not last long. Don't wait until next week. Call me today to get preapproved. Whether you are looking to buy or refinance, I am here to help.