How does 3.99% Fixed Interest Rate Sound for that New Home?

Many builders are offerering Interest rates below an already unbelievable 5% to entice buyers to purchase one of their homes. 

Toll Brothers, a Valley leader in luxury homes, is offering an unbelievable 3.99% 30 year fixed rate loan with no origination fees on their inventory homes and will lock that rate for up to 60 days with no cost to the buyer.  Toll Brothers features communities in Scottsdale, Phoenix, Cave Creek, Litchfield and Chandler.

Blandford Homes which boast Planned Community of the Year for 8 of the last 10 years for it’s Spectacular Las Sendas Communityin North East Mesa is offering tantalizing interest rates for it’s Mountain Bridge Community, another Resort Master Planned Community only a few miles from Las Sendas.  Blandford is offering what we refer to as an ‘interest rate buy-down’ for the first couple of years of your mortgage.  First year is 2.5% interest, Second year is 3.5% interest and your third and final interest rate for the remainder of your 30 year term is a fixed 4.5%!  (Just a side note here, I will be doing another blog with pictures soon on Mountain Bridgeas it is my favorite new home community in the East Valley right now.)

If you have any other questions regarding New Homesin the East Valley, please don’t hesitate to give me a call or shoot me a quick email.