Wednesday, May 26, 2010
Mortgage rates continue to be among the best in the last 2 years.
It is still a fantastic time to buy! Did you know that if you purchase
a home for $150,000, take out a 30 year mortgage, at an interest
rate of 4.75% your principal and interest payment will be $782.47.
If you do the same, but at a 5.75% interest rate your principal
and interest payment will be $875.36. That is almost a $100
a month savings! $1,114.68 a year savings! AND $33,440.40
over the life of the loan!
Who needs a tax credit when rates are this great? Let’s get out and
enjoy some of this beautiful weather shopping for your new home!
Call me today so we can set up a custom plan to get you into
your dream home.
Not in the market? Please take a moment to pass this on to
someone who has been thinking about buying a new home,
I would love to help them.
Special thank you to Chuck Sederstrom!
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