Snow melt? Even Lower Rates? More Homes for Sale? Saving for a larger Down Payment? Whatever you are waiting for it could cost you a fortune! Even though we are experiencing a small down tick in rates, the trend is still up! Home values are going up and inventory is going down. Your best opportunity is to get into the market today!
If Analysis Paralysis is keeping you on the sideline consider this. If, or when, interest rates increase by 1% and home values appreciate by only 4% in the next year, you will lose $30,000 in purchasing power! Take a look at homes that are on the market today for $210,000 and then look at home for sale at $180,000. That’s a huge difference.
If you think this can’t happen to you, take a look at the past year. Yes, rates are up about 1% and values are up over 4%. Here in Malta, Saratoga Springs, Albany, Schenectady, and Troy, NY that is exactly what has happened.
Don’t wait! Take advantage of the great rates and plentiful property. At Victory Funding we offer USDA, VA, FHA, Conventional, Jumbo and Portfolio loan products at very competitive interest rates along with the expertise to help you through today’s complex maze of regulations.
Cross the line today! Become a Homeowner!
