Interest Rates on Salt Lake New Homes-Under 5%
The best Real Estate ads this week? Interest Rates on Salt Lake New Homes-under 5%. Hands down.
Promotions like this is one of the reasons that for the 22nd consecutive year, with 718 homes sold in 2008, Ivory Homes was Utahs largest home builder.
That's right, 30 year FHA fixed mortgages @ 4.5% (APR 5.125%). No variables, no resets, no adjustments after a couple of years!!!
A great promotion from Ivory Homes.
How do they do it?
Simple,........ They pay it forward. That's right, Ivory pays the difference between today's rate and the advertised 4.5% home mortgage rate in advance. The interest rate will NEVER go up.
Why does Ivory do it?
To sell homes. Ivory needs to sell New Homes in over 33 developments in Utah. Mortgage Interest rates are one of the best ways to appeal to new home buyers. motivation.
Low interest rates reduce house payments, and a 30 year fixed rate from FHA helps restore confidence in the idea of buying a home in Salt Lake. ( dont forget the first time home buyers Federal Housing Tax Credit)
Our tip of the hat to Ivory homes for meeting the housing crisis head on w/ some innovative ways to keep home buyers buying and construction workers working.
Whether it's a new home in Taylorsville @ Ivory Highlands, or a Town home at Valle DE Villa in Draper, Ivory probably has a new home development where you want to live. At least go take a look.
But as I've said before, take your own agent when shopping for a new home. As nice as the on site sale people are, they work for the builder. You need you own advocate to negotiate price, review contracts, evaluate upgrades, and in general look out for your interests.
If you don't have a Realtor, give us a call,801-567-0946, were experienced, and would love to help.
Or visit our website at Salt Lake Homes for current information on getting interest rates on Salt Lake new homes for under 5%.