fannie mae: Buyer Questions that you need to answer
- 08/14/11 02:39 PM
I was recently looking through some articles that I tear out from magazines and papers and came across one that is still very applicable in todays market. Here is my version of the article.
Q. " We keep hearing prices are still falling, so why should I buy now?" A. As a buyer, cost should be your primary concern. That means you have to take into account what your monthly payment will be, which is not only the price of the home but the interest rate of your mortgage. While home prices may continue to decline, rates may be on (2 comments)