Rates below 5%? Home Sales Down 20%+? WHAT ARE YOU WAITING FOR - BUY NOW AND SAVE!
I have seen people offering $20k over asking price to buy a home at 6.75% interest and mad if they didn't get it.
Why, when they can get a home for $20k under the already low price at 4.5% interest are they not buying?
From years of experience and owning several homes at rates as high as 10.25% back in 1989. I CAN TELL YOU THAT I DON'T THINK THIS BARGAIN TIME WILL LAST MUCH LONGER!!!!!
Even if housing prices drop another 5%, when rates go up again to over 6%, 7%, 10% then the amount of the monthly payment will far exceed the price drop.
FIND A REALTOR you like and BUY A HOME!!! Don't forget the Taxes and Interest may also be a deduction to save you even more!!!
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2012 ActiveRain Corp. All Rights Reserved