Time To Buy Your Dream Home Now

Time To Buy Your Dream Home Now

Prices are increasing. However, because mortgage rates are still near long-term lows, and because prices fell so much after the housing bubble burst and compared to rents even after recent price increases, buying is still much cheaper than renting. Rates are likely to keep rising, but many people are wondering including myself to see when buying would be more expensive than renting…   As long as the mortgage rates are below 10.5% buying is still cheaper than renting. Yes you read it right; Mortgage rates would have to rise a huge amount to 10.5% in order for the renters to be saving money and not buy. Just because we are sitting on rates like 4% and up does not mean the rates cannot increase up to 10%. In 1980s the rates were this high, but have been consistently below 10.5% since May 1990.   So if you are waiting to buy or sell this is the time to do so. Pick up that phone and call Jemi Khan @ JP and Associates realtors to get your dream house!!


Jemi Khan Headshot
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Phone: 214-449-2530
Dated: June 20th 2013
Views: 2,515
About Jemi: Dallas, Texas has always been Jemi’s home; she was born in Bangladesh but raised in the United...

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JP And Associates REALTORS
6175 Main Street #355 Frisco Texas 75034
Frisco, TX
972-375-9448
4692875503

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