 |
Subscribe / Renew |
 |
Contact Us |
| ► Subscribe to our Free Weekly Newsletter | |
Construction Bids
| home | Welcome, sign in or click here to subscribe. | login |
Real Estate
The Real Estate Adviser |
Subscriber content preview
December 30, 2004
The Real Estate Adviser -- Shop the home, then the loan
By TOM KELLY
Special to the Journal
Special to the Journal
If you have been waiting for interest rates to come down before driving around and checking new homes, get in your car and go. It makes more sense to find the home you want and begin living there.
Why? Most of the time, especially with home prices rising in the Puget Sound area, the equity you will accrue in appreciation will far outdistance the difference you will receive if mortgage interest rates go down. The truth is that home loan rates are lower now than they were a year ago, regardless of how many times you've been told "rates are on the rise."
. . .
To read this story in full login or purchase a subscription.
Previous columns:
- The Real Estate Adviser: Low mortgage rates, home appreciation top stories, 12-23-2004
- The Real Estate Adviser -- Show buyers your holiday home, 12-16-2004
- The Real Estate Adviser: Don't pencil in home sale loss, 12-09-2004
- The Real Estate Adviser: Digital signatures a boon for real estate, 12-02-2004
- The Real Estate Adviser: FSBO homes are priced too low, 11-26-2004
- The Real Estate Adviser -- What does it cost to impress Realtors?, 11-18-2004
- The Real Estate Adviser -- Realtor group nervous about tax reform, 11-12-2004
- The Real Estate Adviser: An ‘Aging in Place’ event here Nov. 13, 11-04-2004