Interest rates go a long a way in determining the monthly payment. Some people feel it is better to wait and see if home values go down and then buy. Here is a brief calculation showing what happens when interest rates go up and the home value goes down:
It is a great time to buy a home - I will help you get through this market. Call/Text me at 770 722-7010 or email me.
John Foster - serving as a full time agent since 2003.
