schaumburg home buying: Lower Interest Rates means More Purchasing Power for a Schaumburg Home!
- 08/18/19 01:45 PM
It's really not hype! This is a good time to buy a home before the rates eventually rise. Let's talk about your purchasing power too!
Low Interest Rate = More Purchasing Power
Interest rates for a 30-year fixed rate mortgage are currently around 3.5%. Rates have remained at or below 3.5% each of the last 8 weeks.
The interest rate you secure when buying a home not only greatly impacts your monthly housing costs, but also impacts your purchasing power.
Purchasing power, simply put, is the amount of home you can afford to buy for the budget you have available to spend. As rates increase, the price of the … (1 comments)
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It's really not hype! This is a good time to buy a home before the rates eventually rise. Let's talk about your purchasing power too!
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