Record Low Interest Rates

mortgage interest ratesIf you’re thinking of buying a house, now is a great time to take advantage of the affordability that comes with low mortgage rates. This is especially great news for many buyers who were unable to purchase last year, or earlier this year due to the coronavirus pandemic.

With rates reaching all-time lows, it’s now less expensive to borrow money. According to Freddie Mac, mortgage interest rates are currently hovering near a five-decade low. As a result, buyers can afford 10% more home than they could a year ago, all while keeping the same monthly mortgage payment. Subsequently making homes more affordable over the lifetime of the loan. The impact your interest rate has on your monthly mortgage payment is significant. For example, an increase of just $250 in your monthly payment can add up to $3000 per year or $90,000 over the life of your loan.

Whether you’re thinking of buying or selling a home this year, there are advantages today that are rarely available. When you’re ready to learn more about how record low-interest rates can help you buy your dream home, call mortgage lending experts Matt Baker (602-522-9494) or Eric Murietta (480-223-6788).

Click HERE to begin your new home search!

Exact matches only
Search in title
Search in content
Search in posts
Search in pages

Ready to talk? Call us today.

480-500-1738
  • #1 AZ Real Estate Team

  • Best REALTOR® In The Valley 2017

    - Nominee

    Finalists will be announced in October 2016

  • Top Ranked Real Estate Team

    - Phoenix Business Journal

    2015, 2016

  • Top 10 Buyer’s Agent

    - by Sales Volume

    Homes & Land Magazine 2015, 2016

  • Top 10 Producing Agent

    - by Sales Volume

    Homes & Land Magazine 2011, 2012, 2013, 2014, 2015

  • Top 1% of REALTORS®

    - in Maricopa County by Sales Volume

    Arizona Regional MLS 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016

  • Real Estate Agent of the Year

    - Finalist

    AZ Business Magazine – 2014

  • #1 Real Estate Team

    - in Arizona

    Ranking Arizona – 2014

  • #1 Agent by Sales Volume

    - in Arizona

    Realty One Group, North Scottsdale Office -2015, 2016 Realty One Group, Scottsdale Office - 2011, 2012, 2013, 2014 Realty One Group, National - April 2014

  • Gold Zone Award

    - in Arizona

    Realty One Group, National - 2014, 2015, 2016

  • Real Trends

    (National REALTOR® Rankings)

    Best Real Estate Agents in America 2014

See More
  • Date: 07/07/2020

    Source: Zillow

  • Date: 07/12/2020

    Source: Zillow

  • Date: 07/24/2020

    Source: Zillow

  • Date: 07/22/2020

    Source: Zillow

  • Date: 07/29/2020

    Source: Zillow

See More