Low Mortgage Rates?

Mortgage and Lending with US Mortgages - David Shamansky NMLS#392126

Low Mortgage Rates?

super saversWell many of us understand, like in golf, the lower your score, or in this case your rate the better. But not that many can really put a number on what it means and also what it means for the opportunities that await the next wave of potential buyers. This includes first time buyers, move up buyers and the fortunate high end buyers too. Every buyer benefits from low prices especially when you combine them with 50-60 yr record low rates.

What does this mean for the average consumer?

empty pocketsWell on every 100,000 borrowed just 1% in interest means an extra $63/mo added to your payment. So $63 is not that big a deal, right? In just as little as 5 years that's $3780 paid out, simply for not acting while the opportunity exists. Now lets take it one step further that's just 100k loan. Let's say your buying a home that your borrowed amount is 300k now that number is tripled for the monthly (an extra $189 is being paid) and the same 5yrs that adds up to $11,340. Please keep in mind that's in only 5yrs the majority of all loans are made on 30yr terms so the potential is a staggering $22,680 for every 100k borrowed in extra interest paid over the life of the loan. Wouldn't you rather have that money in your pockets than someone else's?

I don't know about you but to me the savings is sound and when you add in all the additional benefits of owning a home (tax benefits, pride of ownership, equity, nicer and larger space, garage, yard, etc) I see nothing but the words NOW IS THE TIME TO ACT! Those who heed this call will be happy later and those who don't will be kicking themselves for sitting on the fence!

 us mortgages

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Colorado 1st Time buyers, if you are ready to stop renting, get the many benefits from home ownership, or maybe your a current homeowner looking to move up or maybe looking into what it takes to become an investor in this incredible market, that WILL create millionaires, and you are looking for a strategy, answers and direction, please feel free to call or email me. My 22yrs in mortgage lending and 30+ years in finance gives me an in depth knowledge, critical to helping others and making their dreams go from dream to reality!

David Shamansky
"Positive reinforcer, promoter, success coach, entrepreneur, team builder, wealth builder, blessed individual, business leader and professional lender"

US Mortgages
6855 S Havana St Ste 520
Centennial CO 80112
Equal Housing Lender

*photos used may come from my personal pictures or www.freedigitalphotos.net



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David Shamansky

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