Thinking of buying a home? Don’t wait! The interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate, the greater the payment will be. That is why it is important to know where rates are headed when deciding to start your home search. Read on […]
Can You Afford to Wait?
Can You Afford to Wait? Look at History of Mortgage Rate If you are looking to purchase a new house this year, now is the time to take advantage of today’s lower rates. For comparison purposes, if mortgage rates rise to 5 percent, that means a monthly payment on a $200,000 loan will rise by […]