Wondering if now is the time to buy? With interest rates falling, the answer is "yes." The rates offer a good incentive to buy your Blanchard home. Last week there were reports of interest rates dropping as low as 3.875%. Most rates are hovering between 4.25% and 4.500% for 20 year loans for borrowers who have a good credit history. Looking for a shorter loan so your home is paid off quicker is a great idea if you can pay a little more per month. A 15 year loan can be had between 3.625% and 3.875%. Remember however, those with commendable credit records will receive these lower rates. The best thing to do when you see a fantastic rate is to be sure to call your lender, and lock in the rate as soon as possible. Many buyers start their home search early, and find a few homes that wi...
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