Interest rates for home mortgages have begun to rise but there’s no reason to panic. Rates still remain historically low.
According to an article published in REALTOR® Magazine recently quoted mortgage rates rose from 3.5% to 4.125%. What this means to a typical buyer is that for every $1,000 borrowed on a 30 year loan your payment will rise by only thirty-six cents!
Owning a home is still the American Dream and, most importantly, is still attainable even with rising interest rates. Another thing to keep in mind is that, unlike rent payments, the interest on a mortgage payment is tax deductible.
Home ownership is still a bargain! Start looking for your piece of the American Dream here.
Author:Brian Hargrove Phone: 919-830-5233 Dated: January 6th 2017 Views: 341 About Brian: ...
Grow Local Realty is a full service Raleigh NC Real Estate Company servicing Raleigh, Durham, Cary, Apex, Holly Springs, Clayton, Fuquay Varina, Garner, Wake Forest, Chapel Hill and all other Triangle areas including all of Wake County, Johnston County, Durham County, Orange County, Chatham County and Harnett County. We are dedicated to extraordinary customer service and are here to represent you with your next home purchase or the sale of your current home. Allow one our fantastic agents to assist you with your Raleigh NC Real Estate search.
While the world has changed, somethings have stayed consistent. The Ra
"Professional, Friendly, Caring
It is with great pleasure that I recommend Wayne as a very wise choice as a broker for anyone looking to purchase or sell their home. I recently had the pleasure of meeting Wayne through school and instantly found him to be very approachable, friendly, bright, and kind. While working to get his real estate business established, Wayne has displayed a high degree of integrity, responsibility, and ambition. He is definitely a leader rather than a follower. Because of Wayne's very caring nature and attention to detail, I believe that he would be an asset to any homebuyer/seller and I am happy to give him my wholehearted endorsement."