Be Thankful You Don't Have To Pay Your Parents' Interest Rate!
Interest rates hovered around 4% for the majority of 2017, which gave many buyers relief from rising home prices and helped with affordability. In the first quarter of 2018, rates have increased from 3.95% up to 4.45% and experts predict that rates will increase even more by the end of the year.
The rate you secure greatly impacts your monthly mortgage payment and the amount you will ultimately pay for your home. Don’t let the prediction that rates will increase stop you from purchasing your dream home this year.
Be thankful that you can still get a better interest rate than your older brother or sister did ten years ago, a lower rate than your parents did twenty years ago, and a better rate than your grandparents did forty years ago.
Author:Ruby Arias Phone: 623-398-5575 Dated: March 28th 2018 Views: 209 About Ruby: Whether buying or selling a home, you want someone on your side that knows the local market and puts...
One of the first decisions that must be made in the home buying p
"My wife and I met Jamie Deters by chance after calling on a listing in North Phoenix. She knew the phoenix area well. A " no pressure", and we would look at as many houses as it took to "find the one", was Jamie's approach. We thought we would drive Jamie crazy with our questions, and days of showing us available listings. The house we finally made an offer on was perfect. Jamie got it under contract for us immediately at a NICE discount and a long list of repairs that she insisted the seller take care of. Jamie worked extremely well with the other agent and home inspector. Jamie Is all about follow up. She's super knowledgeable about real estate and the contract process. We were lucky to find Jamie, and she has the biggest heart of anybody you'll ever meet. Scott and Linda H."