Be Thankful You Don't Have To Pay Your Parents' Interest Rate!
Interest rates hovered around 4% for the majority of 2017, which gave many buyers relief from rising home prices and helped with affordability. In the first quarter of 2018, rates have increased from 3.95% up to 4.45% and experts predict that rates will increase even more by the end of the year.
The rate you secure greatly impacts your monthly mortgage payment and the amount you will ultimately pay for your home. Don’t let the prediction that rates will increase stop you from purchasing your dream home this year.
Be thankful that you can still get a better interest rate than your older brother or sister did ten years ago, a lower rate than your parents did twenty years ago, and a better rate than your grandparents did forty years ago.
Author:Lynda Western Phone: 602-919-0857 Dated: March 28th 2018 Views: 106 About Lynda: A family oriented person, Lynda has a passion for helping people in unfortunate situations. An Ariz...
View our latest blog posts in your RSS reader. Click here to access.
The partners of Re/Max Preferred Choice specialize in both the purchase and sale of residential and commercial real estate, as well as providing property management services. We have been in business since 1996 and have a long history of providing exceptional customer service to our agents.
The world of mortgages is loaded with information, jargon, guidelines,
Justin Schlegel was an amazing real estate agent. He worked around my odd schedule and was always on top of what needed to be done next. He got things done in a timely manner. I would recommend him to everyone looking for an honest and helpful real estate agent. I cannot say enough about him.