I have a very simple and timely message for you today. As a friend and a Boston condo blogger, I want to let you know personally that this is likely the lowest we’ll see mortgage interest rates this year.
If you’re a first-time Boston condo buyer, now is the time to jump out of your rent payment and get into a Boston condo you can call home, with only a 3.5% down payment. If you are a Boston condo owner already, it’s a great time to refinance and probably this will be your last chance to lock into a low-interest rate for the next few years.
I’m not just telling you this for my sake, but for yours. I am giving you the same advice that I have already given my clients, I have been telling if you are planning to purchase a condo this year, this is the time for you to lock in that rate for a Boston condo you’ll want to live in at some time in the future, maybe in the next few years.
The advice I share with you today is the same advice I share with my family and clients. If locking in a mortgage rate or refinancing makes sense for you to do it right now, I’d love for you to give me a call or send me an email. I look forward to helping you achieve your goals for the Boston condo market.
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