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:Lynda Western Phone: 602-919-0857 Dated: March 28th 2018 Views: 137 About Lynda: A family oriented person, Lynda has a passion for helping people in unfortunate situations. An Ariz...
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A family oriented person, Lynda has a passion for helping people in unfortunate situations. An Arizona Native, Lynda loves to take advantage of the beautiful AZ weather and spends time with friends on outdoor excursions such as hiking, bike riding and 5K Charity runs.
Coming from a strong marketing background, she is able to optimize maximum exposure and reach when it comes to finding the right buyers for her clients home.
She brings integrity, energy, hard work and creative service in every detail of the real estate transaction. Keeping open communication with clients, lenders and all parties involved to drive successful closings.