It is official, we have hit the LOWEST mortgage rates in history. Click here to check out the AP Article. Have you been thinking about buying a new home in the Boston Metro Market of Massachusetts? The low interest rates and stabilizing housing market has made this one of the most affordable times to buy real estate in our history. At today’s low rate of 4.15% for a 30 year fixed rate that would mean you are only paying $486.10 for principal and interest per every $100,000 you finance. In many cases this makes buying a home less expensive then renting!
Have you been holding out to refinance? Maybe planning on taking your equity line of credit and wrap it into a fixed loan? Then this is truly the time to do it. Inflation has begun to rear its ugly head and when inflation rises then the FED must increase the borrowing rate. Click here to view this article on inflation.
Should you be thinking about refinancing then I highly recommend speaking with Jason Bonarrigo of Wells Fargo. You can reach Jason at 617-363-4617 or by email at [email protected] You can also visit him on the web by clicking here.
If you are thinking about buying or selling a home in the Boston Metro Real Estate market, then give me a call at 617-480-2600. You can also visit me on the web at www.MoveWithChubb.com. I can ensure you that you are in good hands as I have been ranked as the #1 RE/MAX Agent in Boston and have ranked as high as the #6 agent in all of New England. At the end of the day I like to think that it is my customer service that sets me apart from my competition. Please check out my list of testimonials and always remember that when you Buy or Sell a home with ME, then you get to use my Moving Truck for FREE!