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MAJESTIC HOME LOAN

DO LOW MORTGAGE RATES MAKE THIS A GOOD TIME TO BUY?



If you want to increase your buying power and keep your payments lower than they would be otherwise, then yes. But there are more variables at play in addition to lower rates. Here are some things to consider when thinking about buying a home and financing it with a mortgage.

Don’t buy just because of an interest rate. When rates drift lower and you know a few real estate agents you might get a postcard in the mail that says something to the effect of, “Interest rates are low, take advantage and buy a home today!” But do you buy anything else on credit just because interest rates are low? Do you buy a new car because rates are low or because it’s time to replace that thing in the driveway with a new ride? Buying a home means more than the payment.

Do you want to move? Are you outgrowing your house or soon will be? Maybe you’re downsizing and looking for a retirement home. Move to a better public school district? Job transfer looming? These are all good reasons to buy a home and if you must buy then your choices are the type of financing you want.

However, if you’re thinking of buying a home and have been for some time, then low rates just might be the tipping point. When rates are low you can lock in the savings for the entire term of the loan with a fixed rate. A low rate means you can qualify for a bigger loan, if that’s what you want. Your dream home may have been out of reach a couple of years ago but with lower rates you can buy the home you really want. If you’re thinking of buying for any reason, low interest rates are just icing on the cake. If you move now, you’ll be getting some of the best financing terms in decades…perhaps ever.

WE CAN HELP
ACCOMPLISH YOUR GOALS.
  • LOWER MONTHLY PAYMENT
  • LOWER INTEREST RATE
  • REDUCE YOUR TERM
  • PAYMENT RELIEF
  • HOME IMPROVEMENT OPTION
Questions?
Contact us to get your questions answered.
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QUESTIONS? CALL US.
1-855-273-9890
 
1819 S. Excise Avenue Ontario, CA 91761
 
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