BLOG: Rate Update: The Federal Reserve is keeping Wall Street''''''''''''''''s big rally alive - it is going to start buying Treasuries to help open up tight credit markets!!! Rates today dropped significantly. Averages I am seeing based on good credit, credit drives everything these days.... 30 Year Rates... about 4.6 and 15 Year at 4.25 - the new kicker Jumbo $417,000 to $650,000 are now about 4.75% based on 25% down and $650,000 to 1.5 Million about 4.875% based on 30% down. The above are PAR rates and an origination fee will be charged. Many lending institutions are offering no doc / no credit score re-fi''''''''''''''''s for very little cost - including INVESTORS - I personally locked refinancing several of my investment properties at 4.875% today! That is tremendous!
The $8,000 credit for first time home buyers is spurring activity in the $150,000 price range. If you are a first time home buyer, call my office to setup an appointment and we''''''''''''''''ll show you some incredible deals to take advantage of!!!
WE NEED NEW LISTINGS, ESPECIALLY IN THE $100,000 - $400,000 RANGE, we are quickly selling our inventory in these price ranges due to the hot first time homebuyer market!
Chris Schulhof and The Schulhof Team provides Indianapolis real estate services and homes for sale in Carmel, Noblesville, Fishers, Westfield, Geist, Morse, Zionsville and other Hamilton County areas.
RE/MAX of Indiana | Chris Schulhof, RE/MAX Realty Services | 11478 Lantern Road, Fishers, IN 46038 | 317-842-4747 | Contact by E-mail
Office Phone (317) 842-4747
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