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June 9, 2010

Tax Credit Ends-So Now What?

The tax credit deadline has come and gone. You still haven’t purchased a home. Did you miss a window of opportunity? Interest rates have not yet increased as many experts thought they would. Rates are as low or lower than in early 2009. Home prices have stabilized. These historically low interest rates and home price values will not last forever. Failure to take advantage of this combination will likely prove far more costly than missing out on a tax credit. So, if you ended your search based on the tax credit expiration, you might want to reconsider. We think that we’ll look back on 2010 as one of the ultimate home buying opportunities in history. Call your CFS Mortgage Corporation loan officer today and get prequalified. It’s easy and its free! And, if you thought it was too late to refinance your current mortgage, let us evaluate that for you!
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