http://news.yahoo.com/s/ap/20100729/ap_on_bi_ge/us_mortgage_rates
Monday, August 2, 2010
Lower interest rates equal more home buying power!!
Lower Interest rates equal more home buying power! We know interest rates are historically low, but do we know what that means? For instance a $150,000 mortgage at 4.5% interest rate is a payment of $760.03 (p&i) vs. the same mortage amount at 5.5% is $851.68 (p&i) that's a savings of $158.97 every month! What would you do with the extra dollars?? Great article... Tell anyone and everyone if they can afford to take advantage of these great rates they absolutely should!! 
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment