If you are planning to invest in property for a new business or a new home or a vacation home, you get more for your dollar if you buy at the right time. Right now, mortgage rates are at their lowest, making now an excellent time to invest in any type of property.
If you are planning on selling your home or business, this is also a wonderful perk for you. When mortgage rates are lower, it increases the pool of potential buyers for your property, and people are more likely to pull the trigger at a time like this than they are to simply window shop.
You may not want to wait too long. Extremely low mortgage rates should support solid residential and commercial sales. What this means to you is that once property sales increase, mortgage rates tend to follow. The bottom line is that they won’t remain this low forever, and it is best to take advantage of these (pretty large) savings while you can.
Mortgage rates can be a tricky business, but Realtor Captain Arnie Traub can help you navigate these murky waters. Call Arnie Traub at 386-295-2999 for more information about current mortgage rates and how they will affect your real estate purchase. Arnie Traub is a trusted, licensed Realtor with over 16 years of experience, and a host of listings for great commercial properties and beautiful homes.