Mortgage Rates Fall Yet Again

By
Education & Training with Coldwell Banker Island Properties

Mortgage rates have hit a new record low for the 10th time in 11 weeks as investors continue to turn to Treasury bonds as a safe haven; the shift in money is cutting yields, which mortgage rates tend to follow. Freddie Mac reports that 30-year fixed loans averaged 4.32 percent, down from 4.36 percent a week ago; and the 15-year fixed rate fell to a new low of 3.83 percent, down from 3.86 percent.
Source: Chicago Sun-Times (09/03/10)

Now is a phenomenal time to buy if you are:

  • First-time home buyers with good credit and a small down payment
  • Investors (new or seasoned) looking for rentals may make more sense than flipping right now.
    • It's a buyer's market
    • Financing costs are down
    • Prices are the lowest they've been in years
    • Home Values will come back...wait it out with a quality rental on Maui

On Maui we have turn-key rentals available at phenomenal prices.  In many cases you will more than cover your normal monthly expenses and still reap all the tax benefits and write offs available.

Did you know you can use a self directed IRA to purchase investment property?

For more information and Maui's Best Buys contact me direct at 808-633-1292 or send me an email at JeffGraves@clearWire.net

Aloha,

Jeff

Jeff Graves I Realtor®(S)
(808.633.1292  (Cell)
JeffGraves@ClearWire.net

Coldwell Banker Island Properties
34 Wailea Gateway Place, A-207
Wailea, Maui, Hawaii  96753

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate General Information
Tags:
maui real estate
maui
maui hawaii
kihei hawaii
kihei real estate
hawaii real estate

Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the chair to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the woman to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Show All Comments
Rainmaker
246,217
Palm Properties l La Jolla Real Estate
La Jolla, CA

Jeff, simply amazing rates and pretty soon they will pay our clients to get loans!   ~ Susan

September 03, 2010 08:21 PM #1
Rainer
40,803
Jeff Graves
Coldwell Banker Island Properties - Wailea, HI
Real Estate Agent

Susan...LOL I'd be ok with my clients getting paid to get loans.  Have a great and safe Labor Day weekend.  Aloha

September 03, 2010 08:26 PM #2
Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the scissors to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Show All Comments
Rainer
40,803

Jeff Graves

Real Estate Agent
Ask me a question
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the world to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Additional Information