Home Buying - Rates Are Low, But They Won't Be Forever

Well if you believe in the saying" Buy low" the answer to the question...is YES!

Look at the facts, homes are selling for less then they have been in years. And the biggest driving force in this market are the interest rates! They are at a historical 50+ year low. If you're sitting back waiting for the perfect time, in my opinion, the writing is on the wall now is the perfect time.

As the saying goes, "All good things must come to an end". If you continue to wait the prices may continue to be low but the interest rates will eventually go up.  Do the math, included in your monthly payment is interest, why would want to pay 5 1/2%  when you could be paying 4 1/2% over a 30 year period? I think the amount of savings will surprise you.  Don't wait, this opportunity will not last forever.

You may be concerned about getting pre-qualified because of what the media is putting out there....but don't be. You may have to go through a few more steps but that is only for your protection. Working with a well educated loan officer will make the experience easier. Please call me and I'm happy to give you the names of loan officers whom I've worked with for years. Having a reputable loan officer and working with someone who understands the commitment of home buying are the people you want to talk to. I can put you in touch with a professional today.

A Great One Level Home In Shorewood, MN - check out the virtual tour by clicking on the link.