Buy Now Before Rates Increase…
Affordability is great, and your money will go further now than when rates increase later in 2015? Or 2016? When will the rates increase? It’s hard to say, but this is what rates were looking like today:
- 30YR FIXED – 4.125%
- FHA/VA – 3.75-4.0
- 15 YEAR FIXED – 3.25%-3.375%
- 5 YEAR ARMS – 2.75 – 3.25% depending on the lender
Interest rates are at historic rates, with inflation, it’s like “Free Money.” If inflation is at 2-2.2% you are just barely paying over inflation if you can get locked into a 2.75% interest rate. That’s just a half point above inflation.
Buy now and get locked into a low rate! Save on the Purchase side. Potential home buyers have a low cost to buy, so it’s a great time to sell and homes are selling briskly in our current Las Vegas market. Or at least consider a refinance! Reduce your monthly payment and maybe even get rid of the mortgage insurance premium. Call us we would be happy to connect you with a qualified mortgage professional that we feel confident in referring.
As a retired police officer, Dave is passionate about giving back to the service community and dedicates much of his time giving and supporting the Las Vegas Metro Police Department, Firefighters and Military at Nellis Air Force Base. Military, Fire and Law enforcement never pay a full commission when they work with the Radcliffe Group. The Radcliffe Group can assist you in your Las Vegas PCS or relocation, New Home Construction purchase, Condo and Luxury Home purchase. Specializing in helping Las Vegas and North Las Vegas homeowners sell their home for the highest market value, Dave and his team will help you yield your highest profit. Call 702-379-3401 when it is time to sell your Las Vegas, Summerlin, Centennial Hills or North Las Vegas Home.
Dave Radcliffe ranked number 1 in 2014 as the top producing individual out of 172 Realtor-Agents in his office. Dave has a team of top producing agents and ranks consistently as one of the top real estate teams at Keller Williams Realty Southwest Las Vegas because he is all about customer service and utilizing the best resources in the real estate business. The Radcliffe Group is your Las Vegas, Summerlin, Centennial Hills, and North Las Vegas real estate connection.
Check out and subscribe to our YouTube Channel and follow our Las Vegas Real Estate Blog at: www.DaveRadcliffeVegas.com
by Nickel Lowman
with rates & images quoted from MortgageDailyNews.com
Dave Radcliffe, The Radcliffe Group
Williams Realty Southwest