6 Reasons You Should Buy a New Home This Year
First-Time Homebuyers , Home Buying Tips and Advice , Money Saving Advice , Top Ten Tips No Comments »Mortgage Rates Are At Historic Lows
Mortgage rates reached their 2008 apex in July, when the long-term average rate hovered just below 7%. They’ve since dropped to and are around 5%. The low rates makes financing your home significantly easier, as the money you spend over a thirty year period paying off your house gets lowered to something you may actually be able to afford.
Home Prices have Dropped
Experts indicate that we haven’t seen the bottom yet in all markets, but planning for that bottom and hitting the housing market at the perfect time may be more difficult than worth your while.
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