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Brett's Mortgage Blog

If You Want To Buy A House Now, Not Later, Consider This…

It’s true that mortgage rates are higher than they were a year ago.

However, the real estate market has also changed over the past year.

Consider this trend for buying a house a year ago vs today…

1 Year Ago…

 

Listing price:  $450,000

 

Sales price:    $500,000

 

10% Down

 

4.5% Rate

 

Payment $3,028

 

Today…

 

Listing price:  $450,000

 

Sales price:    $425,000

 

10% Down

 

6.5% Rate

 

Payment $3,053

If you are ready to go find the house you want, do it now.  It’s no longer a seller’s market.

Give us a call or shoot us an email and we will be happy to help you!

Thanks for reading!

Brett

 

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Brett Sampson

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