Don’t Wait to Move Up to
Your Dream Home!
Now that the housing market has stabilized, more and more homeowners are considering moving up to their dream home. With interest rates still near 4% and home values on the rise, now may be a great time to make a move.
Sellers should realize that waiting while mortgage rates are
increasing probably doesn’t make sense. As rates increase, the price of the
house you can afford will decrease if you plan to stay within a certain budget
for your monthly housing costs.
Here is a chart detailing this
point:
With each quarter percent increase in interest rate, the value
of the home you can afford decreases by 2.5%, (in this example, $10,000).
Experts predict that mortgage rates will be closer to
5% by this time next year.
Act now to get the most house for your hard earned money. Find out What Your House is Worth Now
Keji & Associates of Fairfax Realty is a team of licensed
agents working daily to get homes sold for our clients in all parts of
the metro area. We delight our clients by delivering world class service
every step of the way and we strive to create a win-win situation this is
all part of our values and beliefs. Contact us @ 301-613-2043 , visit
our website www.metrohomesrealty.com
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