I am very excited because I just closed on a buyer with a great interest rate, 3.75% fixed 30 years.
She was a first time buyer so she was put on a first time buyer program, which made her very happy to get her first home.
I know of new homes for sale where the builder will pay for all the buyer’s closing costs, so the buyer only has to come up with the down payment.
I remember 19 years ago when I first stated in the Real Estate business in 1993, the interest rate was 6%, and it was a great interest rate. But now it is much better.
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