“According to Freddie Mac, rates are projected to increase to 3.9% by this time next year.”
Some Highlights:
- With interest rates around 3.66%, now is a great time to look back at where they’ve been over the past few decades. Comparatively, they’re pretty low!
- According to Freddie Mac, rates are projected to increase to 3.9% by this time next year.
- The impact your interest rate has on your monthly mortgage payment is significant. An increase of just $20 dollars in your monthly payment can add up to $240 per year and $7,200 over the life of your loan.
- Maybe it’s time to lock in now, while rates are still historically low.
To view original article, visit Keeping Current Matters.
Why Owning a Home Is Worth It in the Long Run
Increased home values are a major reason so many homeowners are still happy with their decision today!
Sell Your House During the Winter Sweet Spot
While inventory is higher this year than the last few winters, if you work with an agent to list now, it’ll still be in this year’s sweet spot.
Should You Sell Your House As-Is or Make Repairs?
So, how do you make sure you’re making the right decision for your move? The key is working with a pro.
How Co-Buying a Home Helps with Affordability Today
If you are an aspiring homeowner, buying a home with your family or friends could be an option.
Why Today’s Mortgage Debt Isn’t a Sign of a Housing Market Crash
Most homeowners today are employed and have low-interest mortgages they can afford, so they are able to make payments.
What’s Behind Today’s Mortgage Rate Volatility?
The best way to navigate this landscape is to have a team of real estate experts by your side.
.jpg ){kind=logo}
