Hey there, friends! ๐กโจ Just wanted to drop a quick note about something that's been on my mindโinterest rates. I shared a post last week on my Facebook page about a first time home buyer who snagged a 30-year fixed rate at 5.125%, and it got me thinking. There are OPTIONS out there, and I'm here to break it down for you.
This isn't some sales pitch or vague info dance โ it's the real deal. Another client just locked in a rate 2 points below the national average. ๐
Now, you've got choices:
๐ Stick with what you've got, grumble about the "golden handcuffs" of your 2.75% rate, and stay in a house that doesn't quite fit.
๐ Keep renting, complain about the landlord, and watch your hard-earned money go into someone else's pocket.
OR, you can:
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Partner with an agent (that's me!) who's got the 411 on loan programs and can connect you with a pro lender, saving you some serious cash.
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Understand the math behind it all, so you can make an informed decision about buying now or waiting.
Speaking of loans, there are two community lending programs I know that could be a game-changer for many. They won't work for everyone or every property, but there are 175 in Rhode Island that fit the bill. Wanna know more? Drop a comment or shoot me a message!
And let's talk math. I've got a spreadsheet and all the deets to guide you on whether staying put or making a move makes sense for YOU. Real estate decisions based on math, not just feelings or opinions. Ready to chat? I'm all ears! ๐ฃ๐ฌ
