Video Blog – Low Mortgage Rates Increase Buying Power

by Rich Bouchner on July 23, 2010

(RETURN TO BLOG HOME)

New York City real estate deals typically involve hundreds of thousands if not millions of dollars, but everyday both buyers and sellers walk away from transactions over a few thousand dollars. However, with mortgage rates at all time lows, delaying a purchase or sale in order  to “get your price”, can end up costing close to $450,000 over the life of a new $1,000,000 loan if rates go up to 6.5%.

  • Share This
  Print This Print This Tweet ThisTweet This

Leave a Comment

Spam Protection by WP-SpamFree

Previous post:

Next post: