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July 20, 2010

INTEREST RATES DECLINE!!

Recently interest rates have declined to their lowest levels since the initial drop in January, 2009. This latest reduction creates a refinance opportunity for homeowners whose current mortgage rate is in the mid 5% range or higher! If you previously considered refinancing but determined your monthly savings would not be sufficient to offset the cost, it is definitely time to take another look. It is likely that your savings will be significant. This latest reduction coupled with outstanding home pricing is also the perfect combination for that new home purchase you have been contemplating. Interest rates are volitile. Don’t miss out on this incredible opportunity. Contact your CFS Mortgage Corporation loan officer today!

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!

November 24, 2009

FHFA Quarterly House Price Index

The Federal Housing Finance Agency announces housing price changes for the 3rd Quarter, 2009.  To view details go to:

 

http://www.fhfa.gov/Default.aspx?Page=84