This blog touts itself as having a "side of real estate." Well, for today, it will consist of some real estate with a side of......nothing. I'm putting on my real estate hat, using some exclamation points, and keeping it short and sweet.
Interest rates are at the lowest level they have ever been for a 30 year mortgage! Some of you are probably sick and tired of hearing about these historic rates from the news, realtors, etc...But it's going to continue to generate a lot of buzz so get used to it. It is absolutely crazy. With the right credit, you can get a rate of 3.875%!!!
Here's what that looks like on a monthly basis: For a $100,000 loan (which in this current market can get you a good amount of house), the monthly payment would be $470. That's near half of what most people pay in rent! If you are on the fence about buying a home, now is the time to go for it.
If you or anybody you know is thinking about buying a home, I would love to help you/them out!
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