Thought For The Weekend
"May home be the place from which you launch your dreams"
~ Mary Anne Radmacher
CURRENT RATES (PURCHASE TRANSACTIONS)
Conforming Loans: Loan amounts $417,000 & under*
30-yr Fixed = 4.875% Purchase Only
15-yr Fixed = 4.25% Purchase Only
NEW! Conforming 5/1: 3.50% amortized; 3.75% interest only
Conforming 7/1: 4.00% amortized
**HOT PRODUCT Conforming 10/1: 4.50% amortized!!!**
Consult your Covenant Mortgage Professional for Refinance Quotes
Jumbo Loans: Loan amounts over $417,000*
5/1 ARM = 4.50%
7/1 ARM =4.875%
Hottest JUMBO Loan...90% No PMI up to $500,000!
Call Me Now For More Details!
FHA Loans: *
30-yr Fixed Range= 4.875% - 5.25%
NEW! FHA 5/1 ARM: 3.875% Qualify at Start Rate
*Based on pricing as of Friday, May 14th, 2010 at 12:00PM. Prices, guidelines, and programs subject to change without notice. Subject to errors and omissions. This information is not intended to constitute an advertisement for purposes of the Truth-in-Lending Act or Regulation "Z". It is intended solely for use by Real Estate professionals.
Residential Mortgage Licensee: GA Licensee #22745, Florida Residential Mortgage Licensee#CL0800186, NorthCarolina Licensee #B-147025 Covenant NMLS# 144774
Call Mike and Melody to help you sell your current home or help you find the perfect dream house.
Labels: homes for sale in alpharetta, homes for sale in cumming, homes prices increasing
There are several reports that have been issued over the past month indicating that we have past the bottom price levels in the housing market here in metro Atlanta and that we are on our way back up. Several factors can lead us to believe this. Pending Sales have increased dramatically over the last month. New listings coming on the market are down. When the pending sales close this means there will be less on the market kicking in the old supply and demand rules.
Don't wait until it's to late. Now is a great time to buy. Check out the homes available on our website. It does not require your registration and shows virtually all homes for sale in the metro area. If you have any questions or find one you want to see give Mike and Melody a call.
Labels: Alpharetta, cumming, dahlonega, dawsonville, homes for sale, homes prices increasing, johns creek, Milton
