Blog :: 03-2012

Don't miss the Spring Savings Event at Spruce Pond Estates in Windham NH. Up to $15,000 in Savings

H&B Homes has authorized up to $15,000 in savings on the standing inventory at Spruce Pond Estates. The builders are preparing to start construction in the next phase of the development so they want to move existing inventory now! They are offering a tremendous savings on the three standing homes in Spruce Pond Estates which offers you a tremendous opportunity if you act quickly.

The Spring Savings are being offered on these three homes that are available for quick closing.

     
$544,900 NOW $529,900 $519,900 NOW $504,900 $484,900 NOW $479,900

Why not check out these great values this Sunday between 12-3 at Spruce Pond Estates

 

As always there is an open house very Sunday from 12-3. You can meet with a sale professional who knows all about the area and can help you explore your optiond at Spruce Pond Estates. You can always also arrange a private showing.

Don't miss your opportunity to buy a home with a low mortgage rate in Southern NH

The Associated Press is reporting that the interest rate on a 30 year fixed rate mortgage has crossed above 4% for the first time in 3 months. If you've been delaying the purchase of a home in southern New Hampshire you may want to accelerate your buying plans. Locking in a low interest rate on a home mortgage could be one of the best financial moves you could make. For those of you too young to remember, I will remind you of a time, long, long ago, in the 1980's when the 30 year fixed interest rate was above 18%. When they finally dropped to 12% we all though we had reached nirvana. A 4% mortgage interest rate is an aberation which is not like to last and if inflation picks up it will be nothing but a fading memory. While neither NAR, Fannie Mae or Freddie Mac are predicting any large spikes up in interest rates, even a modest increase can affect the affordability of a home.

WASHINGTON (AP) -- The average rate in the U.S. on a 30-year fixed mortgage rose above 4 percent for the first time in more than three months. The sharp increase suggests the window to buy or refinance a home at historically low rates is closing.  Mortgage buyer Freddie Mac says the rate on the 30-year loan jumped to 4.08 percent, up from 3.92 percent the previous week. A month ago, it touched 3.87 percent, the lowest since long-term mortgages began in the 1950s.  The average on the 15-year fixed mortgage rose to 3.30 percent, up from 3.16 percent last week and a record low of 3.13 percent two weeks ago.   The low rates have been among the positive signs that suggest the housing market could pick up this year.