Mortgage Rates Historic Low Eglin Crestview Homes BAH

MORTGAGE RATES 3.88%-Have you heard the news??!! 30 Year Mortgage Rates are down AGAIN to a historically LOW 3.88%

Read the full article here---or just skip below to see how this benefits YOU and your family:

http://finance.yahoo.com/news/rate-30-mortgage-down-record-3-88-pct-150126165.html

Ok, let's say you are a proud member of our Military community and have been thinking about taking advantage of the VA Loan that is offered to you. Stop thinking-now is THE time to buy your new home. Did you know that the VA Loan requires 0% money down? Did you know that you can own more than 1 home AT THE SAME TIME on the VA Loan? 

Chances are that if you are reading this blog, you are one of three groups of people:
Group 1:PCS'ing to Eglin AFB , Hurlburt Field , Duke Field , 7th Special Forces Group Compound.
Group 2:You live in a rental home/apartment and are tired of throwing your $$ away.
Group 3:You want a new home just cause you can.
Awesome! Let me help you out-You do this by finding a home here and comparing prices:

www.Rima.FirstTeamRealtyAdvantage.com

Let's say you find your dream home on this site (you will...let's be honest, it's an awesome website!). For this purpose, this home cost $175,000 and you want to buy it in March (right after you get that NICE tax return back). Did you know that if you bought this $175,000 home at a locked in rate of 3.88%, your estimated payment would be $1022/month? True story. (*Disclosure-this is an estimated true story. I'm not a lender, I'm a Realtor, but I do know my stuff.*)

Let's go one step further, did you know that this is roughly $310 LESS than what you BAH is for Eglin AFB/Hurlburt Field as an incoming E-6. That's right, an E-6 with dependents has a BAH of $1332. I'll prove it to you. Go here and enter 32542 as the zip code for Eglin Area:

http://www.defensetravel.dod.mil/site/bahCalc.cfm

Ok, to recap: 3.88% Interest Rate + VA Loan with 0 $$ down + BAH that can cover your mortgage payment and leave you w/$$ leftover for utilities = NO BRAINER.

What are you waiting for?