Mortgage Rates Below 5%

We've been telling you now is the time to buy, and we aren't lying! We've seen rates right at or below 5%. If your new year's resolution was to buy a new home, we strongly encourage you to start looking now so you can take advantage of these historically low rates.

Not only are rates great, but there are some unique loan programs available that are designed to make a home purchase even easier - but some are only for a certain period of time. For example, if you are a first-time homebuyer (defined as someone who has not owned a principal residence during the three-year period prior to the purchase) then you are likely eligible for the $7500 tax credit. This is essentially an interest free loan that you pay back over the next 15 years. However, you must make this purchase before July 1, 2009. Our CityLiving Realtors have all the details about this and other programs, so don't hesitate to email us with any questions you might have. We also invite you to play with our online mortgage calculator.