Wednesday, January 26, 2011

Now is the time
Mortgage Interest rates are at ALL TIME low's
and they will not be there forever.

What were the interest rates in the 1980's? Did you know they were actually around 13% when I got into Real Estate 20 Years ago? today the average rate on a thirty year mortgage is as low as 4.36% as of August 2010. That is lower than mortgage rates have ben in the past 50 years. Home mortgage interest rates for the same time last year were averaging 5.19%. Did you know that is a difference of $90 per month on a $200k home with 10% down. Also, when that rate drops from 5.19% to 4.36% that is a savings of $32,460 over the life of the loan. If you would like to find out how you could save almost $100/month in your mortgage payment and put another $32k towards your retirement, contact us at http://www.kornteam.com/ either by phone, email or text and we will send you a free copy of our ebook explaining why NOW is the best time to buy real estate and move into your next home. (816) 224-KORN (5676)

Monday, January 17, 2011

Buyers Have an Edge in this Market:

Cheif Economist from NAR (National Association of Realtors), Lawrence Yun released information stating that buyer this year have gotten great deals. He also went on to say that buyers will have an edge over sellers for the remainder of this year. Because mortgage rates are still at rock bottom, buyers affordability will be reaching all time highs. The low rates were helped partly by the Fed's very accomodative monetary policy. Contact The Korn Team if you would like a free ebook explaining why now is the prime time to buy a home. You can reach us at 816-224-KORN (5676) or visit our website at http://www.kornteam.com/ for more infomation about the Kansas City Real Estate market.