Purchase Power

Purchase Power

   Image title 602-339-7187Hi ALL!!!

So with the Stock Market doing so well....Interest rates WILL go up in this next year!  NO doubt about it.  

Last Year at this time FHA rates were Appx 3.25% with a 80 credit score. 

Today they are Appx 4.375 % FHA loan with a 680 credit score!      And rates are  anticipated to rise up gradually by the end of the year. 

What could a 1.12 % Hike do?  Glad you asked! 

As an Example, In order to keep a Monthly Payment of $1335,  The price of the home you would buy would go down. So now you could afford a $280,000 home, and when rates go up again, you may only be able to purchase a home at $248,000 . There is a big difference

It is more important now than ever, to have a good Real Estate "Consultant " in your court, as well as a good Lending Consultant! 

Working closely with Carrie Hughes of Peoples Mortgage has given me the ability to have more knowledge to 

pass on to you, the consumer. After all....It is about YOU!  

Please reach out , we can meet the discuss your buying potential and even help repair credit to get you ready to Purchase your new home before rates go too high! 

And ask bout the down payment assistance programs available should you need it! 

Image title

Julie Bridge, EPIC Home Realty 602-339-7187

Carrie Hughes, Peoples Mortgage 623-680-9046

Julie Bridge Headshot
Phone: 602-339-7187
Dated: February 17th 2017
Views: 2,452
About Julie: ...

Property Search

RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

Pricing Myths Sellers Should Avoid - When it comes down to it, the most
HIDDEN HOMEOWNER COSTS - Budgeting for buying a home can be
Kitchen Decor HOW TO Stage - Once you've decided to put your
Thinking About A Kitchen ReDesign - The kitchen is one area of the

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

EPIC Home Realty
9059 W Lake Pleasant Parkway G700
Peoria, AZ

Other Locations