Price of a home versus Cost of a home
Every buyer wants to buy at a good price, but price is just part of the picture. If you’re getting a mortgage, the interest rate greatly affects the long term cost of owning a home. If rates go up, the same home could cost thousands of dollars more over the course of the mortgage loan.
Think long term
If you are in a position to buy, lucky you! Make sure you are paying attention to the long term cost savings of buying when mortgage rates are at historic lows. Contact one of our Wisconsin mortgage partners, or get in touch with a First Weber agent to discuss the affect mortgage rates have on the cost of homeowning. Here’s an article that is buying calling now “the deal of the century”
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First Weber sells real estate throughout Wisconsin: Metro Milwaukee and Southeastern WI, South Central Wisconsin, Southwest Wisconsin, Central Wisconsin, Northeast Wisconsin and Wisconsin’s great Northwoods. You can start searching for Wisconsin real estate and Wisconsin real estate agents at firstweber.com