Low Mortgage Rates, Great Time to Buy
Don’t Let This Historic Time To Buy Pass You By
If you’re considering purchasing your first home or trading up, this is the most important news you need to know – interest rates are still at historic lows, making this possibly the best time ever to purchase. I am ready to help you take advantage of this right now. As your Coldwell Banker agent, here is just some of what I can offer:
How much home can you afford? I can work with you to determine what price range of home you should be looking at. I will not waste your time looking for homes that don’t make sense for your situation. And I will work with you on the pre-approval process, so you can search with confidence.
What percentage of income should go toward monthly mortgage payments? Your mortgage payment should not be more than 25% of your take-home pay. I can work you through this and even connect you with our mortgage partner.
Stay In Touch With Clients You’ll certainly want to consult with your financial advisor, but there are some obvious pros and cons. Right now, 15 and 30- year mortgage rates are about the same. With a 15-year mortgage, you will own your home faster, but your monthly payments will be larger. A 30-year mortgage gives you lower monthly payments but spread out over a much longer period of time. Adjustable rate mortgages make sense if you want to get the lowest possible rate at the moment, but they are certain to go up. Again, I am here to talk to you about these options.
There are homes on the market, and one is certain to be just right for you. But they are selling quickly due to these low rates. Let’s get together and strike now while the time is right. Contact me today.