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Historic Low Interest Rates and A Market On Fire

Have you heard 👂 about interest rates being at 50 year historic lows? Did you know you can buy a house 🏠 for much less than you’ll pay in rent?

A message 📣 from team leader, Brandon Brittingham:

Right now the real estate 🏘 market is absolutely on
fire🔥🔥🔥. And we have a lot of buyers saying, “Man, we don’t know if it’s a good time to buy, because we don’t know if we’re going to be able to get something without overpaying.” Although that is very true,there are still deals to be had out there on the market, but the biggest deal of all is how low ⬇️ interest rates are!

So right now, if you buy something, we’re seeing rates below 3% and that rate is going to stay with you for 30 plus years. So especially right now, in Wicomico County and some of our surrounding areas, you can buy a house 🏠 for much less than you’ll pay 💵 in rent.

So if you’re thinking 💡 about buying, but worry that you’re not going to get the deal that you want. The deal you’re going to get is on your interest rate. Rates are at 50 year historic lows. If you’re interested in just finding out about this process of how to get qualified, or what rate you potentially could get, get in touch with us. We’d be more than glad 🙂 to help you!

The Maryland and Delaware Group of Long & Foster Real Estate
☎️ D: 443-783-3928 O: 443-339-9200

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Our agents write often to give you the latest insights on owning a home or property in the local area.