It's a win-win!
Recently we read good information that made us think that we needed to write on the same subject. Never before in my lifetime have the interest rates been so low. The interest rates for FHA and VA loans are at an all time low of 4%. This rate together with prices that have dropped drastically since 2005 creates a world of buying power for those who are in a position to buy.
NOW is definitely the time to buy before the rates or prices begin to go up. It is a win, win time to buy. Once inflation picks up you won’t see these low mortgage rates again in your lifetime.
Everyone who doesn’t own a home and can purchase should buy one now and lock in a low mortgage payment for the rest of your life. If you have one and have thought about moving up because you need more room, do it now; you may lose on the sale but you will gain more back on the buy. And if you have a home and have thought about a second home in a place such as...the beautiful California Desert...make the move today.
In real estate - Time is of the essence!
Comments (2)Subscribe to CommentsComment