A quick comparison for those of you thinking about buying today versus next year.

Today:

Buy a $500,000 home with a $450,000 mortgage loan (at 6.25% fixed-rate): $2,770 per month

Next year:

Buy the same home for $450,000 (you WISH – and hope) with a $400,000 mortgage loan (at 7.25% fixed-rate): $2,728 per month

Benefit: saving of $42 per month
Cost: Lost sleep over the next 12 months stressing over real estate prices, interest rates, etc.

I’m just saying …

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Boston condos

Boston condos for sale

SEARCH FOR CONDOS FOR SALE AND RENTALS

For more information please contact one of our on-call agents at 617-595-3712.

Updated: 1st Q 2018

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