Wow, 30 year conventional and FHA mortgage rates dropped below 3% today – take a look at what these unbelievably low rates mean for buyers!!
If you are thinking of buying – now is an amazing opportunity.
6 Reasons to buy now!
- Great interest rates – lowest we’ve seen in over 20 years!
- Lower payments – if the rates go up just 1% you payment goes up too.
- Less interest – with lower rates you will pay WAY less interest over the course of the loan.
- Builds equity (the difference between what you owe and what the property is worth).
- Appreciation – homes go up (on average) 3.5% a year so a 300k home could be worth 50k more just with appreciation!
- Tax savings – as a home owner you get to write off interest and mortgage insurance.
Moxie has adopted best practices for safe house showings and can even set up virtual showings if needed!
Give us a call, email or text and we can connect you with a trusted local lender or set up a home search so you can be the first to know when your dream home (or the first step to your dream home!) hits the market.
As always we’d love to hear from you!