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The Price of Procrastination - 06/06/09 01:43 AM
Via Integrity Mortgage Funding: Everyone Wants a Lower Price, But What About the Impact of Interest Rates?When shopping for a home, the natural tendency of any buyer is to want to pay the lowest price possible. It's important to keep in mind, however, that the sales price is not the only factor that determines what your monthly payment will be. In fact, the impact of higher interest rates can easily nullify any benefit of waiting for a lower price.Why Should I Rush to Buy? While you may have heard discussions in the media about the decline of property values in many markets,
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