Today’s Great Rates Roger Odoardi Reading Time: < 1 minute2011 is a great year to buy a home! Mortgage rates are near all-time lows and lenders are adapting well to the many changes in our business over the last 24 months. The vintage of soundly underwritten loans made over the last 24 months, and coming over the next few years, will provide a solid foundation for a great housing market recovery. Please click on the chart below to enlarge. Click on the link below to see 30 – Year Fixed Rate Mortgages Since 1983 https://www.homefinders.com/historical-interest-rates/ Contrary to what you might be hearing, there is plenty of money available for borrowers with credit scores over 640 and verifiable income. An FHA loan is a great program for borrowers looking to put as little as 3.5% down. In most areas borrowers are able to do zero down payment with a USDA rural housing loan. A VA loan is another great option for veterans. It allows for zero down payment and no monthly mortgage insurance. Conventional mortgages start at 5% down payment and are one of the most common loans made tday. Contact us anytime to discuss your mortgage needs. Pre-qualification is free. Roger Odoardi Roger is an owner and licensed Loan Officer at Blue Water Mortgage. He graduated from the University of New Hampshire’s Whittemore School of Business and has been a leader in the mortgage industry for over 20 years. Roger has personally originated over 2500 residential loans and is considered to be in the top 1% of NH Loan Officers by leading national lender United Wholesale Mortgage.
