Tuesday, February 14, 2012

HAPPY VALENTINE'S DAY! ARE YOU IN LOVE?

Happy Valentine’s Day!  Are you in love…. with your home and/or mortgage?  

If you’re not, you should be!   

If you’re renting, it’s not easy to love a place you cannot personalize so you can truly call it your home.  And, there definitely no love from your landlord as rental prices continue to grow higher & there is no end in sight. 

You’ve heard it all over the news, but here are some real numbers to back up the fact that now is the best time in history to buy a home! 

Hot off the press:  here are the latest rates effective today:


Interest Rate %
Discount Points
Origination Fee %
APR %
30 Yr Fixed Conventional
3.875
0.00
0.000
4.040
15 Yr Fixed Conventional
3.325
0.00
0.000
3.464
7/1 Yr Jumbo ARM
2.99
0.00
0.000
3.137
Agency  5/1 ARM 30 Yr
2.50
0.00
1.000
2.750
Agency 7/1 ARM 30 Yr
2.750
0.00
1.000
2.979
30 Yr FHA VA - Fixed
3.750
0.00
0.000
3.85
 
I remember when I purchased a home 22 years ago; I was thrilled to get an 8% rate.  That seems obscene now, doesn’t it? 

Want to take advantage of these phenomenal rates?  Give me a call – I have the perfect team in place to help you get the most home for the best value.  My rental clients continue to tell me how shocked (and thrilled) they are to learn how much more home they can get for the same or less than what they are paying in rent.   

In the meantime, be sure to give an extra hug to your loved ones on this special day.  I’ve heard said that we need four hugs a day to stay sane, eight hugs a day to stay healthy, and twelve hugs a day to really grow on.  Be sure to give and get your MDHR (minimum daily hug requirement).  Kisses are bonus!

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