Straight talk about closing costs and interest rates

Published July 1, 2019
On the heels of a very active spring market, we aren’t seeing much of  a slow down as we move into July. For many buyers looking in the moderate price range for Boise/Meridian, it’s the interest rates that are making some take the leap into homeownership. For others, it’s a life event, a relocation, an attempt to avoid high rental rates, or simply a desire to downsize. Regardless, the sub 4% interest rate is making people take note. 
 
So, what does it take to buy a home in The Greens at Movado? Jason Ames with Homebridge created the worksheet links below, using a $294,900 purchase price scenario with 3% down, 30 year conventional fixed rate. Basically, if you have good credit, some money saved up and can afford a $1,685 monthly payment, owning a home could be in your near future.
 
 
 
There are many loan programs available other than the one described above; and visiting with a loan officer early in the process is key.  Whether you’re looking to buy within 30 days or within the next year, a loan officer can make suggestions to make the path to homeownership an easy one. If you would like to discuss your financial goals and options, please feel free to contact Jason Ames at 208.869.4222 or jason.ames@homebridge.com
 
Blackrock
About the Home Builder

Blackrock Homes

Blackrock Homes is based in Meridian, Idaho, and has been a top residential builder in Boise Valley for over two decades. They have a long-standing reputation for building quality homes of excellent value and delivering superior customer service.

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Angie Dilmore

Real estate drew Angie in ten years ago, when she decided to make a career shift that would bring new and exciting challenges each day. Though the industry is ever-changing, Angie strives to deliver a high level of customer care and takes pride in making real estate transactions a positive experience. You can contact Angie at 208.250.2774 or angied@blackrockhomes.com.

Angie is a community specialist at Edington and Movado, and is licensed under Fathom Realty in Eagle, Idaho.