Buy a House While Mortgage Interest Rates Are Low

By
Real Estate Agent with Century 21, The Real Estate Centre, 410-665-0200 Office 634480

Buy a House While Mortgage Interest Rates Are Low

 

Mortgage interest rates are extremely low.

 

It is time to buy a house so that you can take advantage of this great situation.

 

Take a look at these rates:

 

Conventional 30 year fixed rate: 3.625%

 

For a mortgage of $250,000 the principal and interest for the monthly mortgage payment would be $1,140.

 

Even when you add taxes and insurance the mortgage payment would be far lower than renting an equivalent house.

 

Consider the house in the picture which is under $200,000.

 

Comments (3)

Kathryn Sparks
Zenith Realty - Baltimore, MD

Ron,

The economy is supposed to be strong. I would expect more people to be buying.  These interest rates make it that much more appealing.

Dec 06, 2019 02:39 PM
Karen Krzniak
Zenith Realty - Towson, MD

Ron,

These low interest rates are certainly a strong enticement to purchase a home.

Dec 06, 2019 02:44 PM
MichelleCherie Carr Crowe Just Call...408-252-8900
Get Results Team...Just Call (408) 252-8900! . DRE #00901962 . Licensed to Sell since 1985 . Altas Realty - San Jose, CA
Family Helping Families Buy & Sell Homes 40+ Years

Low interest rates are a great motivating factor for buying a home now.

Dec 06, 2019 10:40 PM