Interest Rates Matter

A 1.5 percent decrease in mortgage interest rates increases your buying power big time!  If you want to keep your monthly payments at $900, for example, an interest rate of 6.5% would mean you could spend $142,500 on a house.  With an interest rate of 5%, your $900 monthly payment would get you a $167,500 house ¾ an increase in buying power of $25,000!

Rates are at historic lows, so call your Realtor® today to see what rates you qualify for!  Don’t have a Realtor®, click here to find one.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s