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Each WEICHERT® franchised office is independently owned and operated.
Seizing the Opportunity
In recent history, there has never been an opportunity like this, with low prices and low rates. In real estate, this circular area at the bottom of the V is called the “Buying Zone” – it’s an unbelievable time to buy.
High
Mid-Range
Low
Prices Rates
Brought to you by: Christine Aust, Realtor® 65 South Main Street, Yardley, PA 19067 Office: 215-493-0900 Cell: 267-210-6980 Email: [email protected]
Each WEICHERT® franchised office is independently owned and operated.
Interest Rates Hit 50-Year LowsAverage Annual Rate (30-year fixed-rate mortgage)*
*Source: Freddie Mac. The 2010 figure is computed using the average rate for January – June 2010
Brought to you by: Christine Aust, Realtor® McDonald and Associates at Weichert, Realtors® 65 South Main Street, Yardley, PA 19067 Office: 215-493-0900 Cell: 267-210-6980 Email: [email protected]
Each WEICHERT® franchised office is independently owned and operated.
The Effect of Interest Rates on Buying Power
What can you buy for $2,000 per month?
Source: Weichert Financial Services, 2010. Based on a 30-year fixed rate mortgage
$275,000$285,000$295,000$305,000$315,000$325,000$335,000$345,000$355,000$365,000$375,000$385,000$395,000$405,000$415,000$425,000
Loan Amount
4.250% 4.500% 4.750% 5.000% 5.250% 5.500% 5.750% 6.000%
Interest Rate
What can you buy for $2,000 a month?
Brought to you by: Christine Aust, Realtor® McDonald and Associates at Weichert, Realtors® 65 South Main Street, Yardley, PA 19067 Office: 215-493-0900 Cell: 267-210-6980 Email: [email protected]
Each WEICHERT® franchised office is independently owned and operated.
The Effect of Interest Rates on Buying Power
1 Month Ago Today
Home Price $350,000 $375,000
Down Payment$35,000 (10%) $35,000
(Same Down Payment)
Mortgage Amount $315,000 $340,000
Monthly Payment
$1,788/Mo.(5.5% Interest Rate)
$1,723/Mo.(4.5% Interest Rate)
You can move up to the next price point
and save over $50 a month.Brought to you by: Christine Aust, Realtor® McDonald and Associates at Weichert, Realtors® 65 South Main Street, Yardley, PA 19067 Office: 215-493-0900 Cell: 267-210-6980 Email: [email protected]
