Robert Mapes - REALTOR

Should you buy a home now, or wait? What is going to happen after the national elections?

In my opinion, regardless of who wins the presidential election, if you have ever been thinking about buying a home, you should jump in NOW!

Interest rates are incredibly low. And remember, you could be paying on your home for 30 years. There will come a day when the interest rates go back up, way up, and you will be sitting pretty because you took advantage of these interest rates today.

NOW is the time. Contact me for more details. I know of ways to get you out of the RENT RACE and get you on your way to building equity.

There are people who are renting one-bedroom apartments for about $1,500/month. Do you realize that you could have a mortgage of $300,000 and your mortgage and interest payments would be LESS?

The following is from bankrate.com:

The average rate for a 30-year fixed mortgage is 3.06 percent, an increase of 3 basis points from a week ago. This time a month ago, the average rate on a 30-year fixed mortgage was higher, at 3.14 percent.

At the current average rate, you’ll pay $424.85 per month in principal and interest for every $100,000 you borrow.