If you’re considering purchasing a home, act now and take advantage of today’s historically low mortgage rates before it’s too late. Waiting to buy a home may cost you thousands of dollars. Consider the advantages of purchasing with today’s rates compared to a 1% rise in mortgage rates, based on a $300,000, 30-year fixed-rate mortgage:
Your monthly mortgage payment is $178 lower. Each year, waiting will cost you over $2,000.
You will save over $64,000 in mortgage payments over a 30-year period.Even if home prices decline, you will still pay more for the home over the long run.
You will have more spendable cash for home improvements. Extra cash each month means new furniture, fixture upgrades or even a home remodel.
Set aside the savings for a rainy day or retirement. Put the savings to work for you. While building equity in your home, invest the extra cash for retirement, or add it to your emergency fund.
Pay yourself the rent.Housing has its costs, but why pay someone else’s mortgage when you can pay your own? Grow your equity, not your landlord’s.
Mortgage rates will rise soon, so don’t wait! Call, text or email me today and begin saving for tomorrow.
At Exit Realty of the South, we are committed to providing you with up-to-date information, comprehensive resources and the highest possible level of customer service in order to meet or exceed your real estate goals and objectives. Guided by honesty and integrity as a professional standard throughout the company, we are devoted to your total satisfaction as the benchmark of our success. The recipe for our success is an extensive support team that is second-to-none and passionate real estate professionals who invest numerous hours of continuing education to remain on top of their field.
Above and beyond having the desire, knowledge and ability to manage a real estate transaction, we employ innovative tools and systems that allow us to be most effective and efficient in serving you. From our computers to web-based real estate software and many other innovative techniques, we are driven to stay at the leading edge of technology to better serve you.
Our mission is to provide the highest quality Realtor services. At Exit Realty of the South we strive to provide the most knowledgeable and savvy real estate agents in the market. Whether you are buying or selling, an Exit Realty of the South sales representative has the skills to serve you above the rest.