New Increased Buying Power!
Wonder how this low interest rate affects you? For every 1% change in interest rate, you can buy 10% more home with a 30 year mortgage. That means since the beginning of November where we have experienced nearly 2% interest rate drop here in Oregon, you can buy nearly 20% more house. So If you were looking for a $200,000 home, you can now shop for a $240,000 home!! Same monthly payment as before too! Talk about a great deal... Time to make your move and buy the home you've wanted. You may be wanting a great deal, and trying to time the market, but this may be more impactful. It may even stimulate buying enough that we have already hit bottom---who knows? Your real expert in the Willamette Valley can help you find the best deal. Give me a call 766-0272.