Powered by RealTown Blogs

Lower Mortgage Interest Rates Make A Difference

Date: Mar. 15, 2009
Tags: , ,

Great News For Home Buyers and Home Sellers! Mortgage interest rates are below 5 %.

Consider the benefits. A lower interest rate will reduce the monthly payment for a mortgage loan or provide the ability to finance more in a home purchase and have the same monthly mortgage payment.

An example: using a $300,000 mortgage (calculations are estimates only)
   * 5% interest rate equals a mortgage payment (principal and interest) of $1,610
   * 4.75% interest rate equals a mortgage payment (principal and interest) of $1,564
This is a is monthly savings of $46.00.
Read More!
Comments (0) :: Post A Comment! :: Permanent Link :: Email This Entry

Write a Comment
Your Name:  RealTown Members: Click here to login
Your E-Mail: 
Your Website: 
Subject: 
Your Comment: 
Notifications: 
Privacy: 
Verification: 
To verify that you are a human and not a script, please enter the verification word from the image into the box on the right.
 
Page 1 of 1
David@DavidFialk.com www.DavidFialk.com David Fialk's Profile
RSS Blog Feed