Cheap Money - Take it!

 

Cheap Money - Take it, it's your's

Borrowing money is just like any other transaction - your goal should be to get the lowest price possible. With interest rates hovering at historic lows, it’s never been more affordable to have a mortgage.

Let’s say you’re looking to borrow $200k for a 30-year home loan. At a fixed 2.95% interest rate, you’ll pay about $101k over the life of your loan. Compare that to a 3.95% interest rate and you’ll be paying $141k over the same loan term. To put it simply, a 1% increase will cost you $40,000.

With so much uncertainty in the market, there’s no promise that these conditions will last forever. If you’re ready to make a move, you can look forward to locking in a low-interest rate that can save you tens of thousands of dollars over the life of your loan. Call me today.