Interest Rates Low, Time to Buy!
We’ll
you’ve probably heard that interest rates are at historical lows. We are
talking about 30 year rates under 4%. What does this mean to you? We’ll first
of all if you are a renter and thinking about owning now is the best time to
jump in.
Chances are the home you rent could be purchased for less than you pay
in rent. A typical 4 bedroom, 3 bath
home renting for $2,000 a and selling for $250,000 would generate a monthly
payment of around $1,500 a month. This would include Principal, Interest, Taxes
and insurance. Plus you could get upwards of $8,000 in tax credits. In today's
challenging market, being prequalified is more important than ever. We can help
you navigate the challenging waters. Take just a few minutes and complete the
information below to get started today! And we’ll connect you with one of our
local RE/MAX Agents.
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