What Price Do You Want to Pay

As part of my continued service to you, I would like to share the following illustration.

Though interest rates should not be the only consideration when making the decision to buy or sell a home, a lower interest rate can have a significant impact on the loan amount for which a buyer can be approved; and, for a seller, lower interest rates signal possibly a higher demand for homes that was not present before. Home buyers may be interested in taking advantage of the current low rates in light of future higher ones.

What Price Do You Want to Pay?

A) $593,000 (2016) 3.57% $2150.
B) $577,000 (2015) 3.98% $2174.
C) $580,000 (2014) 4.16% $2247.
D) $567,000 (2007) 6.67% $2914.
E) $461,000 (2004) 6.29% $2251.
For all your real estate transactions - 100% Committed to Serving You!

Jessie Saucer, Realtor Long and Foster, 703.209.3807, www.jessie.saucer.lnf.com, jessie.saucer@aol.com.

Raie Paxson, Prosperity Home Mortgage, (703.927.8118/Raie.Paxson@PHMLoans.com).