"After much speculation that the interest rates for mortgages and other consumer debt would sharply rise as a result of the recent S&P downgrade, it now appears that this will not be the case. Despite the S&P downgrade, most investors still think that the creditworthiness of the
is beyond question or doubt. And as long as US debt instruments like Treasury Bills are in demand, and appear to generate a better return than most equities (stocks) which they are, the rates will remain low. That’s good news in the short run for mortgage interest rates. These all time record low interest rates, combined with all time lows in home prices; not only in metro United States , but all over the country means housing has never been more affordable. But as sure as I’m writing this, the rates will eventually rise, so take advantage of this “perfect storm” of price and rate now before this window closes. Now is the time to contact your realtor to start the home buying process. You will never get a better deal than you will right now." Phoenix
And when you do find a home, we have a wide selection of mortgage products to suit your needs from FHA, VA, to conventional. Many of these mortgage products involve little, if nothing down, and your realtor can generally negotiate a substantial contribution from the seller to cover most if not all of the closing costs.
For Mortgage Questions or needs contact Jeff Armstein or Real Estate Questions or Needs contact Joseph D'Ambrosio at the number below,
"Opening The Door To Opportunity and Your Future Home..."
Jeffrey Arnstein Joseph D'Ambrosio
Branch Manager Executive Sales Associate
VanDyk Mortgage Corporation Keller Williams Northeast Reality
3923 S McClintock DR Suite 408 21410 N. 19th Ave #131
Tempe, AZ 85282 Phoenix, AZ, 85027
NMLS # 157746 Cell: 623-810-4824
AZ LO ID # 912005 Email: email@example.com
BKBR 0115143 Website: www.Arizona-HomeBuying.com
(480) 621-4542 Website: www.Arizona-HomeBuying.kwrealty.com