Thinking about buying or selling? Either way, unless your next step is renting, you will want to read this...
Mortgage rates are at their highest levels in 4+ years and there's potential for further increases this year. The National Association of REALTORS® shared a relatable example of what this could mean for the average mortagee: On a $300,000 house with a 30-year fixed-rate mortgage and 20 percent down payment, the difference between a 4 percent and 5 percent mortgage rate is $142 a month. Calculated over the life of the loan, that is more than an extra $51,000. Read the full article here.
Looking for direction? Reach out to us any time 978-356-8922 info@WindhillRealty.com. Our team is prepared to answer any questions you