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Mortgage rates are at rock bottom and won’t stay there forever!

By
Real Estate Agent with Keller Williams Realty [Harris County]

Mortgage rates are at rock bottom and won’t stay there forever! 

The national average on a 30-year fixed-rate mortgage dropped to 4.36 percent in August 2010—lower than it’s been in the past half century. Interest rates for the same time last year averaged 5.19 percent, representing a difference of $90 in the monthly payment on a $200,000 home with 10 percent down, as well as a savings of $32,460 over the life of the loan. For more reasons why now is prime time to buy a home, contact me and I’ll send you a free ebook. 

How do you know when home prices have hit bottom? ... When they start going back up. The time to buy is now. 

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