Sonoma County Mortgage Update: 1/15/2010
January 15th, 2010 categories: Mortgage Rates
Rates moving up!
Rates moved higher this week! Don’t assume they will stay low for ever. Frankly they are going to go up dramatically at some point. The day they go up, some “expert” will put out an article that says they are going down. Why? No one knows when mortgage rates will go up and stay there, especially the experts.
If ever there was a time to make your move it is right now.
Rates for the week ending 1/15/10:
FHA loan with a minimum of 3.5% down, for a person buying a personal residence with a FICO score of 620 or better who would be locking for 30 days. 30 Year Fixed Rate 5% w/5.24 APR
Conventional Loan with a minimum of 10% down, for a person buying a personal residence with a FICO score of 740 or better who is locking for 30 days. 30 Year Fixed Rate 4.875% w/5.19% APR
Call the WineCountryMoves.com Team today and get started on your Sonoma County Real Estate Home Purchase!
Yasmeen Hillyard
707-771-0338
_______________________________________________________
Countdown for $8,000!
96 Days until the deadline…Don’t miss out! The Worker, Homeownership, and Business Assistance Act of 2009 has extended the tax credit of up to $8,000 for qualified first-time home buyers purchasing a principal residence.
The tax credit now applies to sales occurring on or after January 1, 2009 and on or before April 30, 2010. However, in cases where a binding sales contract is signed by April 30, 2010, a home purchase completed by June 30, 2010 will qualify.
Are you really going to miss out on this great opportunity?
Don’t disqualify yourself! I can show you how to buy a home with little money down, ok credit and stay within your budget!
Call me today and find out how!
No charge for pre-approvals!
This article was contributed by Dave Raffi Regional Manager: Mission Hills Mortgage: 707-303-2933
This entry was posted
on Friday, January 15th, 2010 at 10:15 pm and is filed under Mortgage Rates.
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