My New Blog

I have been doing mortgages over a decade now and I am certain their has never been a better time to buy.

Let me give you 3 good reasons why I say this

1. Home values are down. Buy low and sell high right?

    During the 90's and early part of the decade home values were ballooning. Well that bubble has "burst" and now you can buy the same home that you might have purchased just 5 or 10 years ago but save 10% or 20% or more

2. Rates are still great!

    Rates have been bobbing up and down like a hyperactive minnow on a fishing pole. High one week and low the next and back again but the reality is that the rates are still very, very good. We have seen lows in the high 4's and a recent high just above 6 but historically speaking anywhere in that range is a great deal.

3. Up to $8000 from the US government for First-Time Home Buyers

    Personally I am not crazy about the government getting involved. And the cost of this $8000 is yet to be determined and it seems a little bit like double talk from a government that took away down payment assistance just this past year BUT if you are a first time home buyer this is an incredible benefit to take advantage of. There are a few income guidelines and you may not have owned a home in the last 3 years but other than that their are not a whole lot of restrictions.