More Confirmation that Now is the Time to Buy

Sue Drawdy, a mortgage originator working in the California market, says that low interest rates combined with loan programs like FHA that provide low down payment financing have really put the market in a position to rebound.

We are now approaching that level where it will be cheaper to buy than to rent with these low interest rates,

I couldn’t agree more. And this statement is based on buying at the market rate. Just think about getting a property for below market value; you could stand to save quite a bit of money each month paying for a mortgage instead of paying rent.

You can take a further look at her press release here.

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