Monday, November 25, 2019 / by Teresa DiPeso
The Cost of Waiting (hint, it's high!)
Some Highlights:
- With interest rates around 3.66%, now is a great time to look back at where they’ve been over the past few decades. Comparatively, they’re pretty low!
- According to Freddie Mac, rates are projected to increase to 3.9% by this time next year.
- The impact your interest rate has on your monthly mortgage payment is significant. An increase of just $20 dollars in your monthly payment can add up to $240 per year and $7,200 over the life of your loan.
- Maybe it’s time to lock in now, while rates are still historically low.
Call, text or me today to get started!
Teresa DiPeso
609-780-1434
teresa@dipesogroup.com