Record Low Interest Rates are Great for Buyers and Sellers
Record Low-Interest Rates
The record-low interest rates are benefiting buyers, sellers, and current homeowners. The concern over the Coronavirus and global financial impact have created a benefit to real estate transactions at an ideal time. The winter and spring/summer season both are taking advantage of the interest rates improving affordability.
Are you wondering how you can take advantage of the opportunity? Almost everyone can benefit.
Ways to Benefit from Record Low Rates
- Homeowners that have a loan should review if a refinance makes sense. You will want to see what the difference is between your current rate and your new rate, how long you plan to own the home and the cost involved.
- If you own a home, it might be the ideal time to upgrade to a different home. With lower interest rates and increased demand in many price ranges, the move up buy is the opportunity at the moment.
- Renters should consider buying and build their own wealth with interest rates that are this affordable. Rental rates continue to increase.
We are here to discuss how you can take advantage of the financial opportunity in the real estate market.