12 month low?!?!?! Recent mortgage rules preventing buyers from qualifying for affordable rats have been relaxed. Including lowering of credit scores required to qualify for the best interest rates.

In addition interest rates have recently declined to 12 months lows. We haven’t seen rates this low since summer 2013. We’re even seeing an uptick in refinances which were nonexistent the last 6 months.

With low down payment programs available with as little as 3.5% down, or 5% down with no PMI. Buyers can qualify for their dream home much easier in 2014. For more information on low down payment loans follow this link: 5% Down NO PMI