Saturday, November 17, 2018
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RE/MAX Best 2925 Hwy. 51, Suite B
Licensed by the Louisiana Real Estate Commission, Independently Owned & Operated
2925 Highway 51
LaPlace U.S.A., Louisiana 70068

Office: (985)652-7653
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How To Buy The Most Home For Your Money
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Secret Tests To Check A Property's Condition

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Timing seems to be critical. Should I wait until interest rates drop?

Piggy Every home buyer wants to buy when interest rates are at their lowest. When interest rates are at near-record lows, potential buyers or homeowners looking to move up are asking themselves if the time is right to act.

No one can predict with certainty where rates are headed at any particular time. But time is money and waiting for a bottoming out may instead provide time for rates to rise. This chart shows how rises in interest rates can have a dramatic effect on monthly payments.

Monthly Payment
Loan Amount at 7½% at 8½% at 9½%
$50,000 $350 $384 $420
$100,000 $699 $769 $841
$150,000 $1,049 $1,153 $1,261
Can you afford to wait? For information specific to your needs, call or e-mail us today. We'll be happy to answer your questions.
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FIRST TIME How To Buy The Most Home For Your Money
QUALIFIED How Much House Can You Really Afford?
TIRE KICKING Secret Tests To Check A Property's Condition
LOCATION LOCATION: The Most Important Questions Every Buyer Should Ask
NEGOTIATE How To Buy The Home You Love At The Price You Want
SEARCH Quick Checklist For Finding The Perfect Home
INVEST YOUR RENT Why Pay Your Landlord's Mortgage?
MORE FOR LESS Six Tips For Getting The Best Loan
OPTIONS 10 Savvy Ways To Pay For A Home Today
SHELTER Six Little-Known Ways To Help Relatives Finance A Home
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