First Time Home Buyers: To Put Things In Perspective
First time home buyers: to put things in perspective, is an interesting article that potential home buyers might find relevant. For more specific information about first time home buyers, continue reading below.
First Time Home Buyers: To Put Things In Perspective…
There will never again in our lifetime ever be a better time for first time home buyers to tell the landlord to “Shove off!” Mortgage rates are at the lowest levels of our lifetimes. Home values are beginning to increase after a few years of stagnation and mortgage rates will not stay this low for much longer. These factors ad up to less purchase power. Don’t kick yourself later for not buying real estate now!
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Mortgage Rates 52 Years vs 52 Weeks
Here’s a look at the history of mortgage rates over the last 52 years vs the last 52 weeks. A year ago, rates were hovering in the 3.5% range and are now at around 4.5%…OMG!!! Now is not the time to panic or say that you can’t buy because rates are going up. Look at where rates were less than ten years ago, 6%. You don’t want to know what your landlord does with your money so click here to find reliable real estate info => Reviews
Home Buyer Flow Chart
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