Rates just keep dropping!

This morning I logged on checked rates, they are lower than when I left on Friday.

What this means is that someone could buy a $190,000 home in the Boise, Idaho market and have a payment under $900 per month.  I based this on a Idaho Housing Fannie Mae 30 yr fixed rate with 20 % down.  For someone without a large down payment,  they can get into that house for $5600 down and a payment of $1050 per month with taxes and insurance in the Boise, Idaho market.

 

Now rates will go up in the future, so if you are thinking of buying;now if the time.  You’ll be kicking yourself next year.

Check this out to see what bargains are out there in the Boise, Idaho market.

http://www.homepath.com/search.html?q=boise%2C+Idaho&pi=&pa=&bdi=&bhi=&x=0&y=0

 

 

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