Mortgage Madness with Dorothy: Never Been A Better Time To Buy

Fun Fact: $7.7 billion: The amount of money on back to school clothes spent in  August 2011.

There HAS NEVER, and Most likely WILL EVER be a better time to buy a home than right now!!

Homeownership is the American Dream:

There are new programs & eligibilty criteria that allow for the following:

• No down payment required
• Seller paid closing costs (allows you to get into a home with minium out-of-pocket costs...typically less expensive than renting!!!)
• Minimim mortgage insurance... Allowing you more buying power
• Low minimum credit score
• NOT just for first time homebuyers

FHA< VA< USDA< Convential...just to name a few

Rates:

• Historically the lowest EVER in the US
• While the cost to renting has increased... the interest rates for mortgages have decreased

While the weather may be cooling down...the housing market is just heating up. There is endless inventory on the market, so if you are currently renting or living at home, please feel free to blog, or contact me for further information. 

If you are interested in making your homeownership dreams finally a reality....   Contact Dorothy at Dorothy@fundsforhomes.com or 860-833-1083