HOMES FOR SALE WINSTON SALEM NC
As the fall market is in full swing in Winston Salem, Greensboro, High Point Triad area, this is the time to find the great deals....and it's not necessarily the "Foreclosed and Short Sale Home"!
People are still relocating. Interest rates are the lowest they've ever been, and jumbo rates are down.
Beware however, that there are influences in the making that may change the current interest rate scenario.
Mortgage lenders are reporting that the"United States interest rates are tied closely to the relationship between the Chinese currency and our bond market". That will inevitably change at some point, and "Home Loan Interest Rates" will begin increasing!
The ability to get a 30 year mortgage at 4.5% is incredible! It's an opportunity that should not be missed!
Give yourself a Great Christmas Gift this year....a New Home!
You've always heard the expression "BUYER'S BEWARE" !
EXAMPLES of "TRUTH IN LENDING" With 30 YEAR Mortgages
* Financing a $116,000 mortgage at 6.5%, you will pay $183,488. That's $67,049 in Interest!
* Financing a $112,697 mortgage at 5.55% you will pay $166,402. That's 53,705 in Interest!
* Financing $153,000 mortgage at 6.24%, you will pay $279,000. That's 125,900 in Interest!
Low Interest Rates are the reason to buy in today's market
I welcome the opportunity to hear from you and answer any questions you may have about real estate! Thanks for stopping by and please... EMAIL Me Today with any comments or questions you may have.
Visit REAL ESTATE NEWS to learn more about what's happening with Homes for Sale In Winston Salem and the Triad Region.
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