Sandy's Blog

Yesterday I received a rate sheet from a Myrtle Beach, South Carolina lender that showed a 30 year fixed mortgage for 4.375% and 0 points; a 15 year fixed for 3.750% with 0 points; and even a 30 year FHA fixed mortgage for 4.250% with 0 points.  Add the fact you can find a brand new home for under $200,000 why would you wait to make a purchase?  

Things could get worse, but they will get better.  Maybe you are waiting for the "could" but what if you miss out on the "will".  Just think about what happens when things get better as the cost of a mortgage and the price of a home increase.