Waiting for Mortgage Rates to Drop? Think Again!
Many Buyers are waiting on Mortgage Rates to hit rock bottom. The problem with this is we never know what "rock bottom" is until it is too late. Also, buyers who wait on prices to come down are also gambling that interest rates will hold steady or drop farther. The impact mortgage rates can have on the real monthly costs of homeownership is very significant...
Did you know that if interest rates go up 1%, your monthly payment could go up 10%? What's more likely to happen? Home values dropping 10% or interest rates going up 1%? You guessed it.... Also, with the current interest rates and the tax write off you get from the government, you have an effective interest rate of around 3% - that gives you immense buying power. The odds of that happening again in your lifetime are slim - so act now or regret it later.
The Evelo Team at Keller Williams is dedicated to helping you make a wise Real Estate decision. We are passionate about building wealth through real estate and there is no better time than the present to invest in your wealth! To search homes for sale in Fishers, Carmel, Noblesville, and surrounding areas, check out www.EveloTeam.com. Feel free to contact us at Team@EveloTeam.com to speak with a Real Estate consultant and learn how you can invest in your future. The Evelo Team at Keller Williams Realty is here to help!