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Make the Most of Today's Low Rates
December 22, 2021
Your purchasing power for a new home couldn't be better! With our current low mortgage rates, purchasing a home is more achievable than ever. But don't wait too long - the Fed has announced that rates will go up in 2022. As rates go up, your purchasing power goes down.
In other words, buying a home will never be cheaper than it is today!
Let's look at a quick example. To maintain a monthly payment of $2,000, the purchase price on a home with the current rate of 3.25% would be $575,000. But, if rates were to jump to 5.25%, there is almost a $125,000 difference in the purchase price to maintain the same monthly payment.*
Don't let this opportunity pass you by. Your options are limitless; we have homes throughout Kansas City and Des Moines at every stage of construction. Choose a move in ready home or build your home from the ground up. And, don't forget to ask how to save up to $3,000 in closing costs by using Silverton Mortgage.
Contact Ashley at (816) 326-2909 or (515) 303-4006 or contact us to get started!
*Comparisons for illustration only, please consult with your mortgage lender for specific information. Figures assume 20% down and do not include taxes, insurance and other expenses.