Pages

Wednesday, December 28, 2011

Real Estate – Impact of low interest rates

With all this domestic stuff, business is good considering the holidays and standard time back.  Your referrals keep coming in and we deeply appreciate them. 

Interest rates continue to hover around the 4% level for 30 year fixed loans – less for 15 yr. loans.  For every $100,000 loan amount @ 4%, 30 year amortization, that translates to $477.42 per month payments.  Taxes and Insurance can add $200+/month to the total.

What this means is that your home is now more affordable to more buyers and it’s a great time to make a move.

 That exactly what’s happening! The market is quite active.

No comments:

Post a Comment