The spring market is in full swing, and after reaching their highest levels of the year in mid-March, mortgage rates have finally retreated. According to Bankrate.com, the average 30-year fixed rate loan currently stands at 4.29%, down an impressive 15 basis points from last week. The 15-year fixed loan also fell 15 basis points to just…
There are a lot of programs available to first time buyers to assist with down payments and closing costs! One of the most popular choices is the PHFA program which is a soft-second mortgage offered in the state of Pennsylvania. It is an interest-free loan and the maximum amount is $6,000 or 4% of the purchase…