Just a little info - the intersest rates are at the lowest since April of 1973 - the only other times they have been this low is the early 80's and early 90's when it was a seller's market with low inventory.
If the interest rate goes from 6 to 7% on just a 200,000 loan your payments will go up $1,578 dollars and you will have a loss of 7,578 dollars a year.
My message - take advantage of the best possible conditions before they change - low interest rates, high inventory and low negotiable prices.
Don't kick yourself later!
Carol
Why an inspection? | Staff Profiles | Contact Us | Nature OBX | WWREA | Closing Costs | Get Pre-qualified | Home Buyer Checklist | For Buyers/Testimonials | Environmental Issues | Home-Buyer's Agent | Finance Agencies | Outer Banks Listings | Buying Foreclosures/REO's | Carol's Blog | Win $1000 | Foreclosure Listings
Copyright © 2012 Shore Advantage RealtyPortions Copyright © 2012 a la mode, inc.Another XSite by a la mode, inc. | Admin Login| Terms of Use| Site MapAll rate, payment, and area information are estimates and approximations only.