Mortgage Rates Drop Again
Channel: KenLends.com
Date: 2019-08-21

Comment: Aug. 8th 2019 yield closed 1.738%, Aug. 14th it closed at 1.601%

Mortgage rates dropped again in August 2019. If your mortgage started in 2003 or later, you should watch this 4 minute video. Then, reach out to me. Let's refi into a 10, 15, 20, 25, or 30 year fixed rate mortgage. Want to know how much this will save you each month? Contact me. I will provide the details quickly, in writing.

With rates this low, now is a good time to purchase a home. There are available home loan programs like the CalHFA, VA, FHA, and USDA loan that allows a buyer to purchase a home with little or no money down. For example, the first time homebuyer (no ownership in the last 3 years) can qualify for the CalHFA program. This program has zero down payment plus closing cost assistance. The loan amount must be $484,350 or less. If greater than $484,350 a very small down payment is necessary. Moving on, the FHA requires at a minimum of 3.5% down of the purchase price and the Freddie Mac Home Possible and Fannie Mae's Home Ready purchase programs allow as little as 3% down of the of the purchase amount. If you read this far, you may have learned, there are many zero or low down payment options available.

If you require some assistance for the down payment go to this link here https://kenlends.com/apply-now/. Complete the short inquiry form to see what down payment assistance home loan programs are available in California.

Call or text me (714) 402-3418.Let's begin your path towards homeownership in California. Or let's get your refi complete while rates are near all time lows.

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I welcome the opportunity to assist you with a CalHFA, VA, Conventional, Conventional High Balance, or Jumbo Purchase or Refinance Home Loan.

Ken Greene
Licensed Broker
NMLS #234239
Ken@KenLends.com
www.KenLends.com
714-402—3418 cell
244 Magnolia Street
Costa Mesa, CA 92627