Still on the Fence?
BUYERS STILL ON THE FENCE?
Here is one lender's perspective on waiting to buy.
Lets breakdown these historically low rates. To understand a little better just how incredibly cheap mortgage money is to borrow.
On a 30 year fixed rate loan, every $1000 dollars borrowed only costs $5.10!! per month. Since this money is tax deductible, after taxes it only cost $3.60!! per month.
On a 20 year fixed rate loan, every $1000 only cost $6.30!! per month.
After taxes that is only $4.40!! per month.
On a 15 year fixed rate loan, every $1000 dollars only cost 7.35!! per month
After taxes, that is only $5.15!! per month.
WOW!! As the experts have said not in our generation, nor in our children's generation will we ever see rates this low again.
So Don't Delay, Invest in your next home today! Give Sharon Curtiss with Hileman Real Estate, Inc. a call direct at 410-726-4260 or O: 410-208-9200.
Here is one lender's perspective on waiting to buy.
Lets breakdown these historically low rates. To understand a little better just how incredibly cheap mortgage money is to borrow.
On a 30 year fixed rate loan, every $1000 dollars borrowed only costs $5.10!! per month. Since this money is tax deductible, after taxes it only cost $3.60!! per month.
On a 20 year fixed rate loan, every $1000 only cost $6.30!! per month.
After taxes that is only $4.40!! per month.
On a 15 year fixed rate loan, every $1000 dollars only cost 7.35!! per month
After taxes, that is only $5.15!! per month.
WOW!! As the experts have said not in our generation, nor in our children's generation will we ever see rates this low again.
So Don't Delay, Invest in your next home today! Give Sharon Curtiss with Hileman Real Estate, Inc. a call direct at 410-726-4260 or O: 410-208-9200.
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