Sunday, December 9, 2018
 Buying  |  Selling  |  Financing  |  Relocating  |  Homeowning  |  First-Time Buyer 

Refer A Friend


Steve S. Anderson
ABR, CRS, e-PRO, CDPE, SFR, 5Star
RE/MAX Excellence
4435 S Buffalo Dr
Las Vegas, Nevada 89147

Office: 702-951-9697
Cell: 702-286-8124
E-mail Me
Visit My Website



Inside This Edition
MORTGAGES
Five Hot Insider Tips To Get The Best Interest Rate
Read More >
FORM MEETS FUNCTION
Make Your Home Stylish While It Works For Your Family
Read More >
TAX-FREE GIFTS
Give The Gift Of Housing
Read More >
KNOW BEFORE YOU OWE
Mortgage Closing/Settlement Forms Increase Awareness
Read More >
APPRAISAL TIPS
Help Appraisers Correctly Value Your Home
Read More >
THE ART OF SUCCESSFUL NEGOTIATION
How To Get The Best Price When You Buy A Home
Read More >
 
e-Newsletter
Monthly Real Estate Newsletter
Page: 1 2 3 4 5 6 Next

 DECEMBER 2018



MORTGAGES
Five Hot Insider Tips To Get The Best Interest Rate

SHARE:
Today's real estate market continues to be a busy one, thanks in part to mortgage interest rates that remain near historic lows, allowing buyers to afford more home. Despite this, it's still important to watch interest rates to ensure you get the best deal. (If you need recommendations for great local lenders, please let us know!) Here are in-the-know tips to help you get the best rate for your mortgage.

1. ACT FAST
Lock in an interest rate today. There's no sense pining over rates of yesterday because they are old news and unlikely to return. If you're nervous your home won't close in the typical 30 days, pay to extend your rate lock.

2. GRAB A DEAL
Even with slightly higher interest rates, your buying power is still strong. The difference between an interest rate of 4% and 4.5% on a $200,000 30-year mortgage is only $58 more per month.

3. SCALE BACK
If your proposed mortgage payment makes you nervous, step back and think about finding a home with a smaller price tag. You may have to give some on space and/or location but your monthly budget will thank you.

4. ADJUST
If you aren't sure how long you'll be living in your next home, consider a hybrid or adjustable-rate mortgage (ARM) that offers an initial fixed lower rate for a specific amount of time (three, five, seven years, etc.) before a single adjustment or annual changes.

5. GOOD SIGNS
Closely examine the area where the home is located. An improving local economy with stable and increasing jobs, vibrant schools and nearby conveniences increases the likelihood that the home will appreciate over time. Besides your home being a great place to live, you might also make a profit when it comes time to sell!

 

Page: 1 2 3 4 5 6 Next

Get more free info
We'd be happy to send you the latest upcoming editions by e-mail as soon as they are published. Free. No obligation.
First Name  
Last Name  
E-Mail  
 
       
Home
Copyright 2018, Gooder Group.
Absolutely no part of this page may be reproduced or distributed without written permission.
All rights reserved by Gooder Group, Gaithersburg, MD, (703) 698-7750.