Did you know that we are currently at only 0.25% higher interest rate than the all time low set in 2002?
If interest rates were your concern it couldn't be a better time to buy. Depending on downpayment and credit score, it's possible to buy a home around 5.5% for a 30 year fixed loan! That means with home prices lower and interest rates at this level, the affordability of a new home could not be better!
There are many things to buy that you can put under a Christmas Tree this year, but especially if you are renting why not make the jump into owning the home you put the tree in?
There are 42 homes in St. Charles County you can buy right now for under $105,000
There are over 1800 listings in St. Louis County for under $105,000
The principal and interest payment on this would be just $596.18 / month ! If you're renting that's probably less than you are paying, and don't forget that for most individuals the interest portion of that payment is tax deductible. Can't say that about your current rent payment can you?
0 comments:
Post a Comment