We Tell it Like It Is

December 15th, 2008 10:55 AM

1)  Right now, an FHA loan requires a 3% downpayment. As of January, it will be increasing to 3.5%.

2) Interest rates on mortgages have significantly decreased recently to 4.8%-5.2% roughly.

You are INSANE if you think its not a great time to buy right now.

Posted by Karen Collins on December 15th, 2008 10:55 AMPost a Comment (0)
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