Buy Now, Rates AND Home Prices are LOW

The first time that home prices are low and rates are too. This makes for a great time to buy.

The real estate meltdown and credit crisis have slammed a huge segment of society, but first-time homebuyers could be in the best position to take the leap into homeownership.

A few years ago, information inundated potential first-timers about how to take the leap via first-time homebuyer programs and other avenues that would make down payments affordable and escalating home prices feasible.

In today's turbulent real-estate environment, renters might think the days of first-time home-buying assistance are over. But that couldn't be further from the truth, experts say.
"The programs for first-time homebuyers that were always tried and true are still there," says Robert Baker, education manager for Housing and Credit Counseling Inc. in Topeka, Kan. Combine that availability with low interest rates and low home prices, and you have one of the best times in recent history for first-time buyers to take advantage of these programs.

Great Time for First Time HomeBuyers!