Most of us have a dream of owning a home at some point in our lives. Recent research suggests that we are going back to that being the “American Dream.” Not many of us can afford sprawling mansions that I posted about previously. In this article, I am highlighting out the top 5 homes within the city of Frederick that are priced below $250,000. What does a 250k mortgage look like? On a regular fixed rate 30 year mortgage, with all the standards met, your payment should be in the neighborhood of $1500 a month. Much less than most spend on rent for similar properties. This particular post is focused on single family homes, not townhouse or condo properties. I hope you Enjoy…
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