There is some good news for prospective Desert Mountain Scottsdale home buyers. Over the past few weeks the interest rates on jumbo loans have decreased. The average interest rate on these loans has dropped to 5.79 percent on a thirty-year fixed-rate mortgage. This is the lowest it has been in five years.
During the past five years it has been extremely difficult for consumers to obtain new home loans. Even those that were approved for these loans were given very high interest rates and were under strict guidelines.
If you are interested in purchasing a luxury custom home in Desert Mountain or any of the surrounding North Scottsdale Communities we can provide you with reputable local lenders that can help you get pre-approved for financing.
As Desert Mountain Real Estate Specialists we can answer any questions you might have about purchasing your next home or vacation property at (800) 300-0263 or by visiting our website www.DesertMountainHomesOnline.com.
Carmen Brodeur BA, LLB
Desert Mountain Real Estate Agent / Former Attorney
Carmen@ScottsdaleExperts.com
1-800-300-0263
www.DesertMountainHomesOnline.com
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