30 year fixed rate 5.07%
15 year fixed rate 4,4%
1 year adjustable 4.13%
Rates seem to be rising slightly.
According to the Mortgage Banker’s Association, the 30 year fixed rate dropped to 4.9% and the 15 year rate remains at 4.3%.
Did you know that in order to receive the First Time Homebuyer Tax Credit you MUST have a written contract dated no later than April 30, 2010 and must close by June 30, 2010. Please contact Judy Bauer with Prospect Mortgage for more information on this.
First time home buyer’s can receive up to $8,000 and if you have owned your home for the last 6 out of 8 years you may be eligible for a tax credit up to $6,500. DON”T miss out! Please contact Trish Stephenson Silvercreek Realty Group to look at any homes for sale in the Boise and surrounding areas.
According to Judy Bauer with Prospect Mortgage interest rates have dropped below 5%. You can contact Judy at (208) 377-7246 with any questions. Please let her know if you have any questions about financing. It’s important to have your loan approval completed prior to submitting an offer on a property. Click here to apply on line with Judy at Prospect Mortgage. You also want to make sure to take advantage of the tax credit program before it’s too late. If you are not already working with a realtor, please contact Trish Stephenson at 208-388-4653 with Silvercreek Realty Group with any real estate questions or if you are interested in viewing any properties in the Boise area. Thank you.