The Cost Across Time [INFOGRAPHIC]

The Cost Across Time [INFOGRAPHIC] | Simplifying The Market

The Cost Across Time [INFOGRAPHIC] | Simplifying The Market

Some Highlights:

  • With interest rates around 3.66%, now is a great time to look back at where they’ve been over the past few decades. Comparatively, they’re pretty low!
  • According to Freddie Mac, rates are projected to increase to 3.9% by this time next year.
  • The impact your interest rate has on your monthly mortgage payment is significant. An increase of just $20 dollars in your monthly payment can add up to $240 per year and $7,200 over the life of your loan.
  • Maybe it’s time to lock in now, while rates are still historically low.

 

Content previously posted on Keeping Current Matters

About Salee

Since 2004, I've proudly dedicated myself to serving the Southern California real estate market. Before all else, I'm a friend who will help turn your dreams of "home sweet home" into a reality. My desire to be a part of your success is what motivates me to provide the exemplary service we all deserve. Whether you're here because you want to buy a home, sell yours, or just need real estate advice, I'd love to hear from you!

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