Credit Score Requirements LOWER As Interest Rates CREEP UP!

Thinking of buying a home?  now is a great time to buy before interest rates go up!  Not to mention that the Credit Requirements are lowering.  Also if you live in Florida there are Grants available to first time homebuyers!

Some Highlights:

• The average 30-year rate for all loans closed in August eclipsed 4.3% for the first time since October 2014.
• The average FICO score for all closed loans in August reached a new yearly low at 724 (the lowest since February 2014!)
• The average down payment of FHA loans closed was just 4%!

Contact The J Team Fort Lauderdale and take advantage of the Low interest rates before they spike!  Schedule a home buyers consultation today at 954-235-3589.

Search Fort Lauderdale Homes for Sale online at http://JTeamFL.com