Kathy & Ben
If you have thought about a move, one item you have watched is interest rates. While rates have risen over the last 90 days however they are still below 5%. These are still unbelievable rates! To give you an idea 
of the cost of these rates, below is a chart with payments. A 4.5 % interest rate over a 30 year term for $100,000 is $507. This is incredible buying power. Remember rates will continue to move upward with the spring real estate market. {[}]{[}]We are working with some outstanding lenders that have great rates If you are thinking of building those same lenders will lock in interest rates on a long-term – 6, 9 month – basis. Contact us today to learn more. {[}]
| {[}]
Rate {[}] |
{[}]
$100,000 {[}] |
{[}]
$150,000 {[}] |
| 3.5%, 30 Year Fixed | $449 | $674 |
| 3.5%, 15 Year Fixed | $715 | $1073 |
| 4%, 30 Year Fixed | $478 | $716 |
| 4%, 15 Year Fixed | $740 | $1,110 |
| 4.5%, 30 Year Fixed | $507 | $760 |
| 4.5%, 15 Year Fixed | $765 | $1,148 |
| 5%, 30 Year Fixed | $537 | $805 |
| 5%, 15 Year Fixed | $791 | $1,187 |