- Foothills Luxury Homes (490)
- Oro Valley Luxury (5)
- February 4, 2012: Luxurious Tucson - Pima Canyon Home Goes Under Contract
- February 4, 2012: Tucson Luxury Home at Ventana Canyon Goes Under Contract
- February 2, 2012: Tucson Luxury Home at LaPaloma Home Sells for $1,750,000
- February 1, 2012: Tucson Catalina Foothills Burnt Adobe Sells Quickly!
- February 1, 2012: New Mediterranean at Tucson Skyline Country Club Goes Quickly Under Contract
- January 27, 2012: Catalina Foothills - Pima Canyon Home Listed Under 800K Goes Under Contract
- January 26, 2012: Tucson Luxury Home at Skyline Country Club Sells for 950K
- January 23, 2012: Catalina Foothills Beauty at Pima Canyon Home Goes Under Contract with List Price of $1,550,000
- January 21, 2012: Catalina Foothills - 2 Ridge-top Lots Under Contract in Sabino Mountain
- January 18, 2012: Tucson Luxury Home at Cat 10 Sells for $1,150,000
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- February 2009
- January 2009
- December 2008
- November 2008
- October 2008
- September 2008
- August 2008
- July 2008
- June 2008
- May 2008
- April 2008
- March 2008
- February 2008
- January 2008
- December 2007
- November 2007
- October 2007
- September 2007
- August 2007
- July 2007
- June 2007
- May 2007
- April 2007
- March 2007
- February 2007
- January 2007
Interest Rates at 5 Year Low
Conforming , 30 year fixed interest rates have dropped to the 5 year low of 5.5 % with no points and no origination fee. This is for loans up to 417K.
Keep in mind the high limits of FHA financing in Pima County of $316,250 go down to $271,050 on January 1st. Also as of January 1st one choosing this loan program must increase the downpayment from 3% to 3.5%. FHA loans do not have roof limitations on salaries; therefore, a high salaried person can still qualify for FHA. To obtain this financing usually you can have no other FHA loan outstanding and the home being financed must be your primary residence. This is the best program out there for low down-payment, and FHA loans are usually easier to qualify for than conventional loans. The only program that is more aggressive is VA which is open to Veterans, so much fewer people qualify. Contact me to get you in touch with an excellent loan officier. I am not in the mortgage business, but just keep up with this to better advise my clients.
This is a great time to buy. Give me a call at 520-615-2598 to explore the housing market.
Leave a Reply
You must be logged in to post a comment.