Looking to buy a Boston Condo? Well, if you have good credit, a stable job, and a decent down payment then this might be one of the best times to do so. Rates are currently around 5% for a 30 year fixed conforming loan which is amazing but it could get even better.
Rumor has it that mortgage rates may drop to 4.5% in the very near future with government intervention. This will give you a good amount more buying power for the same monthly payment. There is also a rumor that the conforming Jumbo rate could rise as well, giving more buying power to people looking for a larger loan.
For more information on current rates or to qualify for a loan please contact me, Nick Warren, at nwarren@warrenre.com or 617-848-9616 ext. 706 for a list of qualified professional lenders.
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