92,750 Reasons To Be Happy You Missed The Tax Credit
Thursday, July 15, 2010
You have 92,750 reasons to be happy if you missed the 1st Time Home Buyer Tax Credit.
Less than 2 years ago, rates were at 6.5% fixed on a 30 year conventional loan.
Today, with Wichita Falls local lenders, rates hit 4.5% on a 30 year conventional loan.*
If you took a $200,000 loan out, this change in interest charged would save you $92,750 over the life of the loan, as compared to where rates were not long ago.
This is a HUGE savings and should not be taken lightly. See www.TheFallsHomeFinder.com for every home available at this time in our market.
*You must qualify, and rates vary and are not guaranteed.
Ashton Gustafson - Owner- Bishop Realtor Group