Another reason to buy sooner than later …
For example, a borrower with a 3.5 percent down payment with a mortgage of $100,000 can expect to pay an upfront mortgage premium alone of $1,750, compared to the prior $750. This just one example of the costs that are rising as the banks try to re-coup their costs. Buying a bit earlier this strong that later will save you 1% of the purchase price…. But as always, have your trusted real estate advisor explain all of the specifics for each deal so you are fully in the know, as no matter how many homes you may have purchased in the past, today is a world where having someone in your corner is a very good thing.
May the market be with you.
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