Mortgage Rates Demystified
Everywhere I turn, people are talking about interest rates going up up up! Like many people, I’m on the computer almost all day long. Being…
Everywhere I turn, people are talking about interest rates going up up up! Like many people, I’m on the computer almost all day long. Being…
Spoiler alert: While local rents are going up, monthly mortgage payments are going down, even while purchase prices have increased! If you’re kicking yourself for not buying a home in the past few years and feel like you’ve missed the market, pat yourself on the back—you’ve actually saved yourself a wad of cash and are right on time!
Lenders may try to reel you in with ads for super low rates. Know what you’re in for and whether or not you could qualify before you bite, or you may find yourself pulled into a sales process that offers less desirable rates and terms that could take years to recover from. CASE STUDY Meet Marcus.