You know the old saying, "There's no time like the present"? That statement has never been more true than it is today. As we have all heard on the news, interest rates are at a 40-year historical low! I know we all sit at home as we watch and think, wow, this really is a good time to buy, but sometimes we don't realize exactly how much a change in interest rate really effects us. To help you better understand I am going to break this down for you. Right now you can purchase a home in Asbury Circle for $275,000 with our HUGE incentives. Now what does this mean to you as the interest rate fluctuates:
Past (9/2008): 6% interest rate and your monthly investment would be $242 higher than it is today. That is a $40,465 loss in purchasing power!
Present (Today): 4.5% interest rate!
Future: Now, you don't know what rates are going to do, but as you just saw 6 months ago they were 6%. Lets say hypothetically that they go up to 5.5%. Your monthly investment would be $160 higher than it would be today. That is a $28,114 loss in purchasing power.
So wouldn't you agree, that there is no time like the present?
Call me today to set up your appointment to take advantage of these incredible savings!
Nikki Hartley 972-247-5560 or nhartley@ashtonwoods.com
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