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The Cost of Waiting (hint, it's high!)

Monday, November 25, 2019   /   by Teresa DiPeso

The Cost of Waiting (hint, it's high!)

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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 Macrates 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