*With interest rates hovering at near historic lows, now is a great time to look back at where they’ve been, and how much they’ve changed over time.
*According to Freddie Mac, mortgage interest rates are currently hovering near a five-decade low.
*The impact your interest rate has on your monthly mortgage payment is significant. An increase of just $20 dollars in your monthly payment can add up to $240 per year or $7,200 over the life of your loan.
Let’s get together to discuss. Maybe it’s time to lock in now while rates are still low.
*If you have any questions, please contact me, Kristi Harden, today at 951.704.6370 or Kristi@kristihardenrealestate.com
*Infographic provided by my trusted and verified source, KCM.com