Did you know that in the past few months, your money now goes further than ever?! Today, your mortgage payment is significantly less on the same home, than it was just a few months ago? Why? Because rates have dropped to their lowest level in almost a year. Six months ago rates were 7.08% and today they are 6.13% . . . that’s almost one full percentage point! And that one point drop gets you $150,000 more home than it did just 6 months ago when buying a $1,500,000 home with 33% down!
Is now the right time to pull the trigger on buying a house? It seems so!
As a real estate professional, I track these shifts daily, and this one is significant. The same home that felt out of reach back in June may now be within your budget this Fall. This isn’t speculation; it’s hard numbers, and it’s creating real opportunity for prepared buyers. If you want to see exactly how much more purchasing power your budget gives you, reach out to me today. I’ll run the numbers for you and show you what homes just opened up before rates move again.
I’m Tanja Odzak, Realtor with eXp Realty. I help people sell and buy homes right here in the East Bay! With over $85 Million in homes sold and going on 10 years of experience, I know how to help you win in any market. I’m Tanja and I sell homes. Call me today and let’s get you going!