Interest rates are at all-time lows, see chart below, and home prices are also low. Those two facts about today's current housing market mean excellent opportunities for you the homeowner! There are many excellent programs that foster and support responsible lending:
See chart below for minimum down payment purchase requirements.
VA - ZERO Down ~ USDA - ZERO Down ~ FHA 3.5% Down ~ Manufactured 3.5% Down ~ Jumbo 10% Down
Typical Terms: Using currents rates as of 04/24/2012 3.5% DOWN FHA Purchase 30 Yr. Fixed, no Prepayment Penalty. 200K Loan Amt. 5.31% APR For Example Only
