WILL INTEREST RATES RISE AGAIN?
It's uncertain if interest rates will rise again. However, they could go up or down, affecting your monthly payment. Freddie Mac states that a one-percent rise in the 30-year mortgage interest rate affects affordability by 10 percent. Again, you must compare mortgage lenders to find the best rate. A slight difference in interest rates can mean thousands over the life of the loan. UNLOCKING HOMEOWNERSHIP: HOW ASSUMABLE MORTGAGES BENEFIT B ENEFIT BUYER AND S UYER AND SELLERS In today’s challenging housing market, affordability remains a major hurdle for many aspiring homeowners. However, there's a silver lining—innovative options are available to help buyers acquire their dream homes at lower interest rates! By partnering with industry leaders, I am excited to introduce you to the advantages of assumable mortgages, particularly for FHA and VA loans.
For Homebuyers: Enhance Your Purchasing Power!
As a homebuyer, the prospect of rising interest rates might be daunting. However, by assuming an existing mortgage, you can potentially access a lower interest rate than is currently on the market. This lowers your monthly payments, reduces closing costs, and provides a significant sense of relief in the challenging housing market, reassuring you that homeownership is within reach and instilling a sense of hope. Imagine stepping into a home that fits your budget, allowing you to keep more money in your pocket while still achieving your dream of homeownership. With the benefits of assumable
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