Across Time

Dated: December 4 2019

Views: 121

The Cost Across Time [INFOGRAPHIC]

The Cost Across Time [INFOGRAPHIC] | MyKCM

Some Highlights:

  • 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.

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Joanne Mills

Joanne Mills is the Broker Owner of Exit Family Realty in Lindenhurst, NY. Joanne’s has created of brokerage of highly motivated, professional associates making a powerful, positive impact on client....

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