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THE GOOD NEWS:

Interest rates for mortgages haven't been this low in nearly 40 years.

THE EVEN BETTER NEWS:

You can now qualify for - AND BUY - more home for the money because you'll be paying a lot less each month.

Think of it this way:

  • In 1983, people were paying almost 19% for a 30-year fixed mortgage. Today, the rate has been hovering just under 5.0%.
  • Every decrease of one percentage point means that the price of a home is reduced by 10%, giving you a whole lot more buying power.
Today's interest rate; today's mortgage rates; historic interest rates

*Payment is an estimate only and is based on principal and interest only, and on a FHA 2/1 lender paid buydown. Quoted with 1% origination. APR is based on 150,000. Sale Price. Rates are subject to change without notice. All loans are subject to underwriter approval. Credit and collateral conditions apply.