There Is Still Time To Get The $8,000 Tax Credit

Call me now to find out how and to see if you qualify!!!!!!

Mortgage rates slip below 5%

Loan applications jumped 13% last week and are up 50% from late June, borrowers have been taking advantage of rates that now average 4.97% on a 30-year loan. This is the time to buy!!! Talk to me about the $8,000 first-time buyer tax credit. Time is running out but if you are eligible you can still get the credit if you act quickly.

Fast Facts From The California Association Of Realtors

California median home price - July 09: $285,480 (Source: California Association of Realtors.)
California highest median home price by California Association Of Realtors region July 09: Santa Barbara So. Coast $885,000 (Source: C.A.R.)
Calif. lowest median home price by C.A.R. region July 09: High Desert $110,650 (Source: C.A.R.)Calif. First-time Buyer Affordability Index - Second Quarter 2009: 67 percent (Source: C.A.R.)Mortgage rates - week ending 8/27/09 30-yr. fixed: 5.14% Fees/points: 0.7% 15-yr. fixed: 4.58% Fees/points: 0.7% 1-yr. adjustable: 4.69% Fees/points: 0.6% (Source: Freddie Mac)