Buyers, don't let interest rates keep you from buying a home. Home prices will always keep rising. Ever hear the old saying is "Marry the home - date the rate".
I moved to Ozark in the 80's when interest rates were around 18%, purchased and assumed a VA mortgage at 15.875%, with $10,000 from the sale of my last home. Later, when interest rates went down, I refinanced, lowered the interest rate, kept the same payment and paid my home off in less than 30 years. Right now, buyers can purchase a home with interest rates at 7%.
While your waiting for interest rates to drop, prices will continue to rise. Buy now! There's no better investment than your home and family!
Marry The Home! Date The Rate!!
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