03/16/2020
During this pandemic, the government is trying to do any/everything to alleviate a major financial crisis. Yesterday the FED lowered rates in an effort to stimulate (or at least keep afloat) the economy. This cut will immediately impact adjustable rates, but will trickle down to fixed interest rates, which has a HUGE impact on fixed mortgage rates. With that said, now is the time to refinance and/or buy!!!!
Also, there is still money out there for First Time Homebuyers (First Front Door grant- up to $5k -and- Philly First Home -up to $10k).
Don’t let this time pass you by. Contact me to set up a consultation on how to get you in your new home!
Be Blessed!