Over the last 30 years, mortgages have averaged 8.32% Today’s rates are around half that!
What are you waiting for?
In 1981 the average home price was $82,500 with interest rates were 16.63%
In 2011 the average home price was $242,300 with interest rates were 4.0%
Please click to see: 200 Year Interest Rate Chart provided by PrimeLending
Three things to think about:
Average Home Prices have gone-up approximately 3 times in 30 years (US Census)
Because rates are about one-fourth what they were 30 years ago, the payment for an average home is less than it was thirty (30) years ago (FHLMC)
Average rent is up over 4 times in 30 years
MULJAT GROUP NORTH | 505 FRONT STREET | LYNDEN WA | 360.354.4242 | muljatgroupnorth.com