Do you know about - Real Estate Marketing - First Time Home Buyer Tax Credit and the Real Estate Market Today - Part 8
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Real Estate Marketing - First Time Home Buyer Tax Credit and the Real Estate Market Today - Part 8 Video Clips. Duration : 5.83 Mins.We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from Fha Interest Rates . realestatemarketingthisweek.com - Real Estate Marketing - 30 year fixed FHA mortgage is the best financing available for first time home buyers today. - With Michael J Barnes, Brett Fallon and Dan Havey of Real Estate Marketing This Week Part 8 - So now the only question that I would have, Michael is you only lowered the guys interest rate by 1 of a percent, weren't there a whole lot of closing costs associated with that? Good question, in this particular case no. There were no closing costs. Well then it definitely makes sense to lower your interest rate if it's not going to cost you anything and you can lower your monthly payment by 100 bucks a month you would be crazy not to do it. His breakeven was one day, in that particular case. It goes back to this Velocity of Money concept. If you're not sure if it makes sense or not, it's kind of a no-brainer, give the team at velocity financial a call. You will do the analysis for them to determine if it makes sense or not based, on their unique circumstance, and from there youll advise them on the appropriate type of loan. You know it's funny that people over the years they get so hyper-focused on the interest rate of the loan. Interestingly enough I had a recent client whos focus was not on the interest rate, it was on the closing costs. The problem is there is a correlation between the cost of the money and rate, you have to pay it isn't free for anyone. No cost loans are not really no cost, youre paying a higher rate to get ...
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