Let me guess....... you're waiting to purchase or refinance your home because rates will soon be 4.5%. This seems to be a reoccurring theme out there and my concern is that Texans will miss out on an opportunity of a lifetime. Here are the facts:
Mortgage interest rates are the lowest we've seen in over 37 years!
Texas continues to be a seller's market and home builders are offering HUGE incentives
Right now, you have a bird in the hand so why would you wait to get an interest .125% or .25% lower when you can not only take advantage of historically low rates now, but you can also purchase a home and be in an equity position from day one?
The same holds true for refinances. This past Thanksgiving, you could expect an interest rate of 6.5%. Today you are looking at rates below 5%! Could rates get lower? Your guess is as good as mine, but are you willing to risk losing out on today's rates for 8 dollars a month?
If we have learned anything throughout these turbulent economic times it has been that the marketplace is unpredictable. NOW is the time to purchase and NOW is the time to refinance!
www.legacymutualsa.com
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment