Financing rates are at historical lows; now is a great time to buy a house or investment property. In fact, some might wonder how long this will last; see the link for 2016 predictions [which predicts that rates are difficult to predict 🙂 ]. Long term predictions for 2016/2017 indicate a pretty stable interest rate.
Take a look at these rates – Bankrate overnight average rates are collected from a weekly survey of thousands of banks in more than 550 markets across all 50 states.
These are great rates. Time to take advantage!
If you’re wondering about the loan and payments you can check out this mortgage calculator. Also, there are tax benefits related to purchasing homes or rental properties.
I would be honored to help you with your real estate needs and happy to explain tax benefits and other aspects related to financing a home or investment property. Just give me a call or contact me.