Without a doubt, the mortgage rates are the lowest they have been in years. Combine low, low mortgage rates with affordable pricing and you have the perfect recipe for affordable country club living!
Although price is certainly important, it is important to consider the cost of the mortgage. In fact, a lower mortgage rate actually lowers the overall cost of the home in the long run. Undeniably, today’s low rates are allowing homebuyers to choose a more expensive home with all the design features and community amenities that enhance your life.
The experts say that now is a great time to purchase a home and get the biggest bang for your buck. See other expert opinions in this article in Keeping CurrentMatters.com.
“Those shopping for a home can afford 10 percent more home than they could have one year ago while keeping their monthly payment unchanged. This translates into nearly $32,000 more buying power.”