First Captial Mortgage Company asks you to consider this: If you are on the fence and considering waiting for home values to drop further, add to your consideration where interest rates will be. If interest rates increase 1% from 4.750% to 5.750% the price of the home would have to descrease 11% to mainain the same payment.
Interest rates are currently at historic lows. Please call Scott Engel, Loan Officer, for further questions or information. Being myself a real estate specialist for Coldwell Banker, the leading Malibu brokerage firm, I highly recommend Scott Engel for your mortgage lending needs. You can reacy Scott at: 310-739-6243 Cell. sengel@FirstCapitalMtg. com
