Is now a good time to buy a home?

There could not be a better time in history to buy a house than right now!! Current interest rates are the lowest they have been in history. Today a 30 year fixed rate mortgage is as low as 3.5%. That is unheard of! Back in the 1980’s people who were getting a 12% fixed rate mortgage thought they were doing well. When I started buying in 2004 everyone was ecstatic about 6% interest rates. With the housing market low and interest rates at an all time low it makes for the perfect combination. If you currently have a home go refinance it into a lower rate and use use the savings to pay the mortgage off quicker.

A few years from now you will look back and think wow I missed that boat, I wish I had of…….you fill in the rest. Don’t look back with regrets. Make the most of this great opportunity.

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