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The Cost Across Time [INFOGRAPHIC]

November 23, 2019 by Amanda Rogers

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.

 

Filed Under: First Time Home Buyers, For Buyers, Infographics, Interest Rates, Move-Up Buyers

About Amanda Rogers

If you’re looking for a Realtor who is professional, friendly, and is extremely knowledgeable about selling and buying houses, I’d love to work with you! With my previous background as a Circuit Court Clerk, and serving on many non-profit boards; I have a wide knowledge of the area and schools.
When I’m not out helping people find just the right home, I can be found leading my two Girl Scout Troops, training for my next marathon, gardening, or volunteering within my community. Want to learn more about how we can work together? Email, call or text me anytime!

More Posts

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Things to Avoid after Applying for a Mortgage [INFOGRAPHIC]

Why Right Now May Be the Time to Sell Your House

Will Forbearance Plans Lead to a Tsunami of Foreclosures?

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Amanda Rogers
REALTOR - Rogers Neighborhood Realty
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