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2.5 Interest Rate and Up to 18,000 in Tax Credits Makes This An Ideal Time to Buy A McCaffrey Home

Friday, May 01, 2009 / McCaffrey Homes

Spring has sprung and so has the perfect opportunity to own a new dream home from McCaffrey Homes.  The local homebuilder is now offering a historically low 2.5% fixed rate for year one available on most McCaffrey Homes’ plans at their beautiful communities in Fresno and Clovis.  This special financing includes a 2.5% rate fixed for year one, 3.5% fixed for year two and then 4.5% fixed for years three through 30 to qualified borrowers through McCaffrey Home Mortgage.  Homebuyers have the opportunity to lock in this record-breaking rate now.

Homebuyers can also take advantage of the new federal and state income tax credits that may total up to $18,000.00 to qualified buyers.  The California credit of up to $10,000.00 is being offered to all homebuyers of new homes with no income restrictions. But new homebuyers are advised to act quickly, as both tax credits are available for a limited time, and the state tax credit has limited funding.

“This is an extraordinary time to buy a new home with the combination of lower rates and the exceptional government tax credits,” says Lauren McCaffrey Knowlton, vice president of marketing for McCaffrey Homes.  “Homebuyers are strongly encouraged to take advantage of this remarkable financing while it lasts.  We invite all home shoppers to visit our new home communities in Fresno and Clovis, tour the models and learn firsthand how to take advantage of the special financing and tax credits.”

In northwest Fresno, McCaffrey Homes has its popular Madison Place and Poet’s Crossing collections.  Both offer distinctive homes from the upper $100s.  Floor plans at Poet’s Crossing have been an overwhelming hit with buyers, and only nine new homes currently remain.  Madison Place offers the perfect mix of flexible floor plans on pool size homesites.  Additionally, Madison Place is home to the multiple national award-winning ”Tuscan Castle” model.

McCaffrey Homes’ highly regarded Palmina community in Clovis features both the Palmina and Madison Place design collections.  Starting from the mid $200s, the homes at Palmina showcase the best features and amenities that McCaffrey Homes offers.   Two new models of McCaffrey Homes’ most popular designs from its Madison Place collection at the Palmina community are currently under construction.  The Victoria’s Cottage and Grand Markham plans are nearing completion, and home shoppers will soon have the opportunity to preview the new models with an expected Grand Opening this June.

McCaffrey Homes are known for superior architecture, detailed craftsmanship, and custom included amenities.  This impressive list of features at all communities include ceramic tile flooring at the entryway, kitchen, breakfast nook, laundry room and baths; tankless water heaters; built-in kitchen appliances with gas cooktop; and a gas stub in the backyard for a barbeque.  Exterior elevations have been carefully planned to include a variety of plentiful brick, stone or rock, with popular covered patios and front porches, and concrete tile roofs.

As reported by Hanley Wood, McCaffrey Homes is the leading local home builder, and has won numerous national and local awards for architecture.  The company has built thousands of homes in some of the most desirable neighborhoods and locations throughout the Central Valley. 

 Home shoppers are invited to tour McCaffrey Homes models at the Welcome Centers in Fresno and Clovis and learn more about the special financing and government tax credits.  The Welcome Centers are open daily from 11am to 6pm.  In NW Fresno, the Welcome Center can be found at Gettysburg and Hayes Avenues, or phone  (559) 276-3400 .  In Clovis, the model complex and Welcome Center are located at Barstow and DeWolf Avenues, or phone  (559) 322-7533 .

 For information on all McCaffrey homes, visit  Additionally, the McCaffrey Homes website fully explains the homebuying process, has a short video that simply explains the government tax credits, and prospective homebuyers can even apply online for a home loan via McCaffrey’s secure website.

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