Mortgage interest rates today are on an average 1% lower than where they were two weeks ago. This is music to the ears of First Time Buyers that were priced out of the market due to affordability.
In this video Karan shares with you what the Federal Finance Housing Agency has done to bring the mortgage rates down and how First Time Buyers can take advantage of this opportunity. With interest rates going up, inflation on the rise and fear of mass layoffs the housing market has held strong and we have yet to see home prices drop in value. Watch this video to stay up to date with recent housing market changes and understand what kind of Rate you can get today!
You can access Chart here: https://singlefamily.fanniemae.com/media/9391/display
Find out if your income qualifies with Home Possible Ready, high cost area,take 120% of the area median income https://ami-lookup-tool.fanniemae.com/amilookuptool/
