What a great opportunity exists for
Eastern Connecticut Homebuyers. Rates continue to stay down. Conventional rates are in the high 4's - low 5's for 30 Year Fixed Rate Mortgage Loans. CHFA (Connecticut Housing Finance Authority) offers their 30 Year Fixed Rate Mortgage Loans at 4.625% with 1 point and in some cases even as low as 4.375% with 1 point. According to Freddie Mac, the average rate for a 15 year mortgage reached a new bottom this week, dipping to 4.32 percent, the lowest level since Freddie Mac began tracking rates in 1991. Home prices are much more affordable than 1 year ago and the tax credit program for homebuyers has been extended and expanded. Up to $8,000.00 is available to most first time homebuyers and up to $6,500.00 is available for home buyers who have owned and enjoyed their present home as their primary residence for 5 of the last 8 years.
The standard mortgage programs - VA, FHA, CHFA, Rural Development and Conventional are still readily available to prospective homebuyers. IT'S TIME to venture into the market to see what's available to you.  Since 1980, Phil Turner has helped over 10,000 clients achieve the dream of homeownership. If you are planning to buy a home, please contact Phil. You'll find his professional service and years of experience exactly what you need in Eastern Connecticut's current housing market.
Phil can be reached at McCue Mortgage, located at 8 Union Street in New London, by calling (860)444-0650 or (800)781-1180 or By EMAIL. | 
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