You just lost $51,066!

Interest rates on home loans rose one-half of a percent this week. What does that mean to you if you are an average homebuyer?

It means you just lost $51,066 over the life of your $500,000 loan on a 30 year fixed-rated loan at 4%, vs. that same loan you could have locked in last week at 3,5%!

Do you think loan rates are going back down? Indicators point to that scenario not in the future.

Now is the time for you to move and buy your home. Don't get priced out of the market with procrastination. Do it now...call/text/email me.

Example:

Purchase Price: $625,000

Down: $125,000

Loan: $500,000

@3.5%: $2245.20

@4.0%: $2387.05

Difference in payments: $141.85/mo. - $1,702.20/yr - $51,066 over 30 years.