The Cost Across Time

​With interest rates around 3.66%, now is a great time to look back at where they’ve been over the past few decades.  Comparatively, they’re pretty low!   According to Freddie Mac, rates are projected to increase to 3.9% by this time next year.  The impact your interest rate has on your monthly mortgage payment is significant.  An increase of just $20 dollars in your monthly payment can add up to $240 per year and $7,200 over the life of your loan.  Maybe it’s time to lock in now, while rates are still historically low.  If you’re thinking of buying a home, let’s get together to make your dream a reality.  #Homeownership #Buyer #InterestRates #Mortgate #RealEstate #Florida #Orlando #KTSellsFlorida

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