If you already have your Mountain Retreat up here, you're all set. If not, now is the time to find one. With home prices down to '04 or '05 levels, and interest rates at an all time low, TAKE ADVANTAGE OF THE SITUATION! Rate quotes 2 days ago were 3 5/8% on a 15 Year Conforming, and 4 7/8% for a 30 Year Jumbo. Does not matter if it's a primary residence or a second home, but you may have to put down a slightly higher percentage for the secone home loan.
Written by: Dan Corwin, Breckenridge Associates Real Estate
Posted by Breckenridge Associates Real Estate on