Low interest rate driving sales!
Friday, January 30th, 2009Hello all,
Business is on the rise! Interest rates are near historic lows, housing prices have fallen 15% in most areas of Jacksonville, and sellers are highly motivated to sell. There are outstanding deals across town. Builders are no exception. They are using their enormous buying power to buy down interest rates even further.
The largest builder in Jacksonville has the best rates I have ever seen. Right now, they are offering 2 7/8% for the 1st year, 3 7/8% for the second year and 4 7/8% for the rest of the 30 year fixed mortgage. This is not a mortgage that will adjust after these first year. It is a 4 7/8% fixed mortgage after the first 2 promotional years! This is incredible. The builder has over 40 inventory single-family homes, townhouses, and condos ready to move-in right now.
Call today to see what your mortgage payments would be on a $200,000 house and to set up a time to see your next home.