The difference in your monthly mortgage payment would be $267. That’s $3,204 more per year and $96,120 over the life of the loan. If you consider that purchasing now will also let you take advantage of the equity you’ll build up over the next calendar year, which is approximately $22,000 for a house with a similar […]
Have You Ever Seen a Housing Market Like This? [INFOGRAPHIC]
Some Highlights Whether you’re buying or selling – today’s housing market has plenty of good news to go around. Buyers can take advantage of today’s mortgage rates to escape rising rents and keep monthly payments affordable. Sellers can reap the benefits of multiple offers and a fast sale. If this sounds like good news to you, let’s connect today so you can capitalize on the unique opportunity you have […]
Is a 20% Down Payment Really Necessary To Purchase a Home?
As the graph shows, the only groups who put 20% or more down on average are older homebuyers who likely can use the sale of an existing home to fuel a larger down payment on their next home. What does this mean for you? If you’re a prospective homebuyer, it’s important to know you don’t […]