Right now, home values have surpassed the peak during the housing bubble and this does not mean another market bubble is coming — all this means is that home prices have caught up from a decade ago.
In the video above — you will see, if in the past there was not a ‘boom’ nor a ‘bubble’ then today home values would essentially be where they are today if homes prices appreciated at normal historic levels (i.e. 3.6% annually) over the past decade.
With these epic mortgage rates offered by the Martini Mortgage Group powered by Benchmark Mortgage, now is the time to jump into the real estate market or to move up.
Experts believe home values will continue to rise and an increase in mortgage rates will impact YOUR monthly mortgage payment.
If the right thing for you and your family is to purchase a home this year, buying sooner rather than later could lead to substantial savings.
Do you or someone you know have questions regarding home loan rates or products? Simply give us a call so I can help at (919) 238-4934.