A lot of people have seen the interest rates dropping lately and are wondering how that impacts how to buy a home. In this video I try to clear up what the rates mean for FHA and VA loans. Right now is a great time to buy a home, as the mortgage interest rates have fallen even lower than they've ever been in the past. Basically rates are at all time historic lows. If you are a military veteran or family member, let me help you with your VA loan. Your VA benefit is one of the most misunderstood and under-utilized perks of serving in the military. If you're a first time home buyer, using an FHA loan is a great way to save on your down payment. Did you know that FHA loans only require a 3.5% down payment? Most home buyers still believe that 20% down payment is needed. I'm happy to help you clear up all of the confusion around buying your first home. Even if you've purchased a home in the past, it's still a good idea to educate yourself on how the market has been changing.
REALTOR | Senior Associate