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Rates are flat today. Today’s rates with no lender fees are 3.375% APR on a 30 year, 2.75% APR on a 15 year and 2.75% APR on a 10 year. (click here for details)

So the question of the day is – is it a good time to buy a home? Honestly, no it’s not. It is an amazing time to buy a home.
Check it out in today’s video:

Today we have the top 5 reasons you should consider buying a home in todays market.
1. Historic low interest rates – With rates on a 30 year fixed mortgage averaging around 3.25% – depending on your loan scenario – it is almost like free money to finance a home.
2. Home prices – Home prices are still extremely low. This means you can get a bigger house today than you could a few years ago.
3. Inventory – In most markets there are plenty of houses to chose from. This means you have a better chance at finding a house that will fit your specific needs.
4. A variety of loan products to chose from – There are many options out there to finance your home. Yes there still are no money down loans, low money down and loans that will get you the funds to rehab or improve your new home.
5. Last but not least. The pride of home ownership. There is something to be said about finally owning your own home.
So there is a perfect storm brewing right now that is allowing you to buy a better home with lower payments than ever before. My advice – Don’t miss out on this opportunity.
If you thought this was good information or worth discussing, help me bring transparency to mortgage lending by sharing today’s episode on Facebook or Twitter.
Let’s change the way people shop for a mortgage…forever!
– Mike
PS. To ask a question, get advice, or find out if you’re getting the best deal possible on your loan, just post a comment below.

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