According to most real estate insider reports, it appears home values are at or near their predicted bottom and in some markets are even showing signs of improvement. This would indicate for those that may be interested in a new home, now might be a good time to look at what’s available. At the same time, mortgage interest rates have remained low and even improved slightly since January. As long as you have at least 3.5 - 5.0% down payment, documented income for qualification, and good credit, obtaining a low fixed-rate mortgage below 5.0% can be expected. The combination of low rates and great home values make for a perfect time to consider a new home purchase. Get pre-approved and review best loan programs to meet your goals with a knowledgeable loan advisor at Vertex Financial Group.
