Interest Rates at Historic Lows

July 12th, 2010 by Dalan Madsen Leave a reply »

Just when you think things can’t get any better…interest rates continue to drop.  When you consider housing prices and great home prices at SunRiver St. George take into consideration how attractive interest rates are.  Rates have fallen another ½% since the homebuyer tax credit expired.  When you consider a $300,000 home that’s a savings of $15,000.  Over the life of the loan that $15,000 would be at least double that considering the term of the loan.  Many of the new residents at SunRiver are financing rather than paying cash because of such attractive interest rates!!! Other options like Reverse Mortgage Purchase Contracts allow Residents an option to purchase a home with no more mortgage payments for as little as 30% down.  Call an agent for details and current prices at SunRiver St. George.  Don’t procrastinate the great deals are moving fast.

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