Posts from April 8th, 2014

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April
8

Now is the Time to Buy

April 8th, 2014 by Ruhl Marketing Team

Cost is not determined by the price alone but by price and the mortgage rate. As projected by Fannie Mae, Freddie Mac and the National Association of Realtors, the longer a buyer waits, the higher the mortgage payment will be if rates continue to increase. Money Magazine, agreed with this as they warned their readership of the same consequences if they waited to buy a home. Here is what they said: "Be mindful of rates. The average interest rate on a 30-year fixed loan is predicted to climb from the current 4.4% to 5.3% by the 2015 spring buying season, according to Freddie Mac. For a $250,000 loan, that means that a borrower who waits would...

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Categories: Buying a Home

Posts from April 8th, 2014

Now is the Time to Buy

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Posts from April 8th, 2014

Now is the Time to Buy

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Ruhl&Ruhl Realtors

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