Take Advantage of Jagoe Homes’ 2.99% Interest Rate in Year One
If you’ve been following the housing market lately, you know that interest rates have been a hot topic. This is why Jagoe Homes’ new 2.99% interest rate for the first year stands out as an incredible opportunity for homebuyers looking to secure their financial future. With housing affordability becoming a growing concern, Jagoe Homes is committed to making your path to homeownership more manageable.
Why This Offer Matters in Today’s Market
The Federal Reserve recently made headlines by cutting interest rates for the first time in over four years. After months of record-high rates aimed at curbing inflation, the Fed finally reduced rates by 50 basis points, bringing them to a range of 4.75% to 5%. This move signals a shift in economic policy, with the central bank aiming to support the economy while balancing inflation concerns (Fox Business)(moneyweekuk).
In today’s housing market, these rate cuts come as a relief, but they don’t necessarily translate directly into significantly lower mortgage rates in the short term. Mortgage rates remain elevated, making homeownership challenging for many. The average 30-year fixed mortgage rate still hovers around 6%, meaning buyers need creative solutions to make homeownership affordable (Townhall).
Jagoe Homes’ Solution for Affordable Homeownership
Jagoe Homes’ 2.99% interest rate for the first year, available on select homes, provides a much-needed financial cushion in this environment. During the first year of your mortgage, you’ll benefit from substantial savings on monthly payments compared to prevailing market rates. Afterward, the interest rate adjusts to 3.99% for the life of the loan, but this first-year reduction offers a strong head start, helping buyers manage their budgets and ease into their mortgage commitments.
This offer pairs well with the current state of the market. Even with the Federal Reserve’s recent cut, experts predict that mortgage rates will remain relatively high until further rate reductions are implemented (moneyweekuk), and even when rates fall, home pricing will eventually soar.
Locking in a 2.99% rate in year one with Jagoe Homes provides a unique opportunity to save significantly in a period of market uncertainty.
Ready to Make Your Move?
Jagoe Homes is here to support you with affordable, energy-efficient homes designed to meet your needs. With this exceptional 2.99% interest rate offer, you can take a major step toward homeownership without the financial strain that today’s market conditions might impose.
Need Answers Fast?
Our Team Jagoe FBC Team is located in Owensboro, Kentucky
and has the resources and staff to get you in your new Jagoe Home.
For Financing please call an FBC MORTGAGE, LLC Team Member
Bambi L. Wiggins
Branch Manager
Mortgage Loan Originator
NMLS# 369809
Call or Text
502-389-0088
Email»
Profile»
Kevin Young
Mortgage Loan Originator
NMLS# 1577520
Call or Text
904-673-3173
Email»
Profile»
Kyle Chubboy
Mortgage Loan Originator
NMLS# 1763549
Call or Text
352-978-1811
Email»
Profile»
FBC Mortgage, LLC NMLS# 152859. Paid Advertisement.
An energy efficient Jagoe Home begins with intelligent design, quality construction, and generations of working to exceed our own standards of excellence. Jagoe Homes committed to all the practices it takes to build truly energy efficient homes, and we work closely with RESNET (Residential Energy Services Network) to achieve great ratings from that organization.
HERS® (Home Energy Rating System) INDEX
*Based on the US Department of Energy definition of HERS index of 130. This information presented for educational purposes only. Savings are average estimates based on Jagoe Homes’ top five selling plans. Savings will vary based on house type, orientation, house size, utility rates, climate and operations of the home.
The lower a home scores on RESNET’S HERS (Home Energy Rating) Index, the more energy efficient it is. A standard new home that’s built to meet the 2006 IECC will score a HERS Index of 100. New Jagoe homes score an average of 62, making them at least 38% more efficient than a standard new home and at least 68% more efficient than a used home.
SCHEDULE A TOUR
We’d love the opportunity to take you on a tour of one or more of our beautifully finished Jagoe Model Homes. We’ll contact you to work with your schedule. Our team looks forward to meeting you!