Interest rates are at 4.5% for an FHA/VA 30 year fixed

Real Estate Agent with Team Newton

If you were ever thinking about buying or selling your home, NOW is the time!!  Interest rates are at an all time low which directly effects your payment.  You can buy more of a home now for less money monthly vs waiting for interest rates to go back up.  NOW is the time.

For example:

$200,000 home @ 6 % interest is $1200 for Principle and Interest

The same home at a lower interest rate

$200,000 home @ 4.5% interest is $1013 for Principle and Interest

What would you do with the extra $$$???  Pay off the home quicker!!

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