Monday, March 17, 2014

Interest rates and what they mean to you as a home buyer.

Hello Everyone This is Brad Hammarlund with Exit Homevets Realty in Killeen TX. I work with people looking to sale their homes and also with people who are looking for homes for sale in Killeen TX, homes for sale in Copperas Cove TX, homes for sale in Harker Heights TX.

 Currently we can still find low rates when it comes to purchasing a house, but with the interest rates increasing how does that really effect you? Well if you want to purchase a home that cost $150,000 and you are able to qualify for a VA loan with 0 down and you get a rate of 4% your monthly payment will run around $1,142 a month. If you wait and the rate increases to 5% like it is predicted to do by the end of the year now your monthly payment will be $1,231. That is an extra $89 a month, or an extra $1,068 a year, or an extra $32,040 over the life of the loan. All from a 1% interest rate increase. I personally like my bank but not enough to give them an extra $32,000 when I do not have to. Please Don't Wait Act Now Before The Interest Rate Increases!!! For more information or to start you home search please call me at (254) 291-0630

Homes for sale in the Killeen  Fort Hood Area: Brad Hammarlund, Realtor, with Exit Homevets Realty in Killeen TX, Our main service area is Nolanville TX, Harker Heights TX, Killeen TX, Copperas Cove TX, Kempner TX, and Lampasas TX. At Exit Homevets Realty We are Real Estate Expert Advisers And Marketing Innovators. I am here to assist you with all of your real estate needs. Feel free to call or text anytime: (254) 291-0630 

No comments:

Post a Comment