BUY TODAY IS THE ANSWER!!
..........Interest rates are INSANELY low right now. Down to 3.5% on an FHA loan. Say interest rates climb back up to 5%. The same house would cost $172 more per month in interest. For every $10,000 more your clients borrow, their monthly payments increase by about $50/month. At a rate of 3.5%, your clients can purchase $30,000 more than they would be able to at a rate of 5%. Yikes, what if they climb back to 6%? That's a $300 more per month payment for the same house. SO right now they can buy $60,000 more of a house than they would be able to buy at 6%. Do you think you might be able to get people motivated with this? This doesn't even go into the cost of borrowing the money over 10, 15, even 30 years. Staggering!...................
ALSO__Here is a new change to FHA
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