The Housing Market and the Affordable Mortgage Rates of CalPERS Home Loans

Are you a California state employee with retirement and health benefits? Then the housing market is looking at you in the eyes with plenty of opportunity. You’ll never find better CalPERS mortgage rates than the ones being offered today. The realities of the realty crisis, together with the advantages of CalPERS home loans, have made it possible for many California state employees to own homes for the first time in their lives.

The economy has made life tough for many, especially California state workers. Pay cuts have cut their budgets down to the bone. Increasing costs of living, from the price of gas to increased tolls to cross the Bay Bridge, haven’t made things any easier. Many state employees incorrectly assume they can’t afford the dream of home ownership. While budget cuts have hurt paychecks, CalPERS home loans are alive and well. With a CalPERS mortgage, you can apply part of your retirement fund towards the payment of the loan. Plus, CalPERS mortgage rates are typically better than traditional loans. CalPERS home loans create win-win situation you can’t afford to pass up.

Home prices are their lowest in years, as are federal interest rates. Add to that the low rates you get on CalPERS mortgage rates, and you’ll see opportunity staring you right in the face. CalPERS home loans can be your path to the security of home ownership. Look into what kind of CalPERS mortgage you can afford. The bank just might be willing to cut you a deal.