Home Mortgage Rates by Decade
I remember in the 80's when I was brave enough to buy my first single family home that my attorney said to run, not walk to the bank immediately to lock in an 8% rate. Back then, this was a phenomenol deal. Needless to say, buying & selling real estate ended up being the best way for me to build wealth. I hope it has been the same for you.
Here are some highlights:
- Mortgage interest rates have dropped considerably over the past year, and compared to what we’ve seen in recent decades, it’s a great time to buy a home.
- Locking in a low rate today will save you thousands of dollars over the lifetime of your home loan, but these low rates may not last forever.
- If you’re in a position to buy a home, let’s connect to determine your best move in today’s housing market while interest rates are still in your favor.
If you will need to sell your home before you buy one, contact me about my exclusive BUY BEFORE YOU SELL program. Not only will this save you time, aggravation (no staging...no showings!), but it will put you at the top of the line before other buyers as you will have no contingenties! It is like a cash transaction & seller love this in today's competitive market. You are in a better position than ever to buy a home. I'm happy to give you more info.