Realtor Mike Mahoney: The Greater Boston Voice | Clarity in Real Estate: Mortgage Rates

Mortgage Rates

October 24, 2011

There is Really No Better Time to Buy a Property Than Right Now

Mike Mahoney
Realtor with Keller Williams
www.MMahoney.com
Read By Blog @ http://www.TheGreaterBostonVoice.com

There is Really No Better Time to Buy a Property Than Right Now

Honestly, this will sound completely self serving as a real estate agent, but there really is no better time to buy a property than right now. The interest rates are the lowest the rates have been in history. Couple this with a depressed market, and you stand to do really well.

This probably explains why the investment market is fairly strong. People are buying properties on sale. Now, you add in the low interest rates and you have the perfect storm as a buyer. Listen in down below as I go over a chart which tracks interest rates from 1981 up until the third quarter of 2011.

If you don't call me, that's okay, but please please take advantage of the opportunities that exists today in this market.

Posted on October 24, 2011 at 02:08 PM in 1st Time Buyer, Mortgage Rates | Permalink | Comments (0) | TrackBack (0)

September 06, 2011

http://www.MMahoney.com - From Realtor Mike Mahoney. I wanted to go over what happens to purchasing power when interest rates either increase or decrease by 1% point.

Please review this video to learn how your buying power of a home is affected if you are planning to use a mortgage to purchase your next home.

Mike Mahoney
http://www.MMahoney.com
http://www.CoachMikeMahoney.com
617-980-9025