Posts Tagged mortgage rates

Mortgage rates are at Rock Botton and won’t stay there forever!

The national average on a 30-year fixed-rate mortgage dropped to 4.36 percent in August 2010 – lower than it’s been in the past half century. Interest rates for the same time last year averaged 5.19 percent, representing a difference of $90 in the monthly payment on a $200,000 home with 10 percent down, as well as a savings of $32,460 over the life of the loan. For more reasons why now is the prime time to buy CONTACT ME!

, ,

Leave a comment

Buyers Have the Edge!

According to Lawrence Yun, chief economist from the National Association of REALTORS, “Home buyers over the past year got a great deal, and buyers for the balance of this year have an edge over sellers. Affordability could reach a generational high in the second half of this year because of rock-bottom mortgage interest rates, helped partly by the Fed’s ver accommodative monetary policy.”  For more reasons why now is prime time to buy a home, feel free to contact me and I’d be happy to help!

Personal Photo

, ,

Leave a comment