- If you currently own a home, take advantage of the low mortgage rates ASAP. If you haven’t already refinanced you are missing out on a great opportunity to save a significant amount that you are currently pouring into your mortgage. Act fast because interest rates are projected to hike up throughout 2014. A graph of recent market rates can be found below. These rates won’t last forever.
- If you currently rent, you might be spending too much. Have you ever performed a rate vs. buy analysis on your living situation? Paying rent is basically kissing your money goodbye. Buying a home is an investment. Purchasing a home can leave you with equity depending on the market trends, of course. Request a loan officer to create a rent vs. buy analysis for you so you can put your finances in perspective.
- Do you have the income, but not the savings? If your income qualifies, you may be eligible for a Down Payment Assistance Program to help with down payments and closing costs if you don’t have enough money saved. Explore our programs at http://broadviewmortgageorange.com/check-buyer-assistance-eligibility/
If you have any questions about the information herein, feel free to reach out to the Author, Brittany Williams, at Brittany.firstname.lastname@example.org. If you would like a quick preapproval Click Here, and for assistance with down payment or buyer assistance Click Here. You are also always free to give us a call Toll Free (855) 692-7623.