Don’t Let The Economic Headlines Scare You Away!

Some facts and figures you may want toÂ consider…
As the economy recovers, finance costs will rise, so playing the waiting game may not pay off.

Today Cost In 12 Months?

$218,900 $197,010
Typical Home Price

Put 20% down and get aÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â If prices drop and
30-year fixed-rate mortgageÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â additional 10%

5.5%Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 6%

Current rates afterÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Interest rate Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Recession ends, &
the Fed starts to
recent declines Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â raise rates

$994.31 Monthly Payment $994.94

Source: Lending Tree

How Does This Effect You?

If you wait another year to buy, your payments would essentially be the same, and you would still be dreaming instead of enjoying your new home or lifestyle.

Heidi Corday

Hot Portland Properties and Homes for Sale

Don’t Let The Economic Headlines Scare You Away!

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