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Indiana Housing Rates Down to 5.5%

Posted By Paula Henry on Wednesday, June 17, 2009 11:25:00 PM | 1 Comments

Indiana Housing & Community Development Authority (IHCDA) lowered their rate today to 5.625%.

When the buyer completes their home buying class (mandatory), they can receive a rate of 5.50%. If you read my post a few weeks ago about the advantage of using the $8000.00 tax credit along with the Indiana Housing first time home buyer program, there has never been a better time to buy a home in Indianapolis.

If you have questions or would like to explore your home buying options, call us at 317.605.4174 or send me an email.

Discussion

#1 Posted by Patsy Snyder at 7/26/2009 5:15 PM

You are absolutely right. With the low rates and the $8,000 tax credit, it is a fabulous time to buy a house.

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