Thanks to the recent U.S. Treasury pledge to purchase $500 Billion in Mortgage Backed Securities beginning the first week in January and to continue until the end of 2009, Utah Mortgage Rates will be at a level not seen during our lifetimes!
During the past 30 days and continuing for the next 60 and beyond, we will see Utah Mortgage Rates at unprecidented levels. We will see volatility, and huge volatility at times, but Utah Mortgage loans will be available to consolidate debt, combine first and 2nd mortgages into one loan, purchase dream homes, or to help first time home buyers get a start!
First Time Homebuyer's are still enjoying the $7500 tax credit for homes purchased before June 30, 2009, Utah Housing is providing 100% financing to qualified buyer's and city and county grant and loans are also avaialble to those who qualify.
I look forward to helping you with your Utah Mortgage Loan needs!