What Impact Do Interest Rates Have On My Monthly Payment?
Price Is The Same, It Just Cost Less!

What does this mean other than the obvious savings in the monthly payment? Interest rates have a HUGE impact! Prices could go down another 10% but if interest rates where to increase just 1% that increase in rate would offset that decrease in price.
Thinking of buying a home? Don't try to "time the market." Take advantage of the present and the historical low interest rates. Call me to schedule a Buyer-Counseling Session or check out FindCharlottesvilleHomes.com to get started.