It is no news to you that mortgage interest rates are terrific right now. I have heard a lot of speculation from potential buyers that maybe they should wait because they might get lower. The opinion of many professionals is quite the opposite, however.
These low rates are historic and not bound to last for too long. The most likely change is that the rates will increase, not decrease, especially if the market improves.
With the convergence of terrific rates, low home prices and the first time homebuyer tax credit: now may be the best time in history to buy a home!
This flyer can explain how a 1% uptick in the mortgage rates will affect your purchasing power:
What is the Big Deal With Interest Rates? – Free Legal Forms If you are ready to make a move in the Westfield or Western MA area then I would love to help you! Call 413-575-3611 or email: [email protected]!
