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ann arbor: BUY MORE HOUSE IN ANN ARBOR FOR LESS - 01/17/08 12:18 PM
How do you BUY more HOUSE in ANN ARBOR for less? Easy, get a LOWER INTEREST RATE!
I just got my Inman News report that the MORTGAGE volume increase was huge so far this January due to INTEREST RATES declining. That means HOME BUYERS are BUYING!! Looks ANN ARBOR REAL ESTATE has hit bottom here in ANN ARBOR MICHIGAN!! 
As an example: Typically we have been seeing 30 YEAR FIXED RATE MORTGAGES around 6%. Based on a $200,000 MORTGAGE, your payment would be $1200/mo. INTEREST RATES for a 30 YEAR FIXED RATE MORTGAGE averages 5.42% according to Inman New, Wednesday, January 16 2008. That means on $200,000 MORTGAGE, your PAYMENT would be $1125/mo. That's saving $75/mo!! Pretty … (1 comments)

 

James Giacalone, Ann Arbor Real Estate Expert

Ann Arbor, MI

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Keller Williams Realty

Address: 2144 S. State Street, Ann Arbor, MI, 48104

Office Phone: (734) 975-9246

Cell Phone: (734) 395-6533

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