Now is a Great Time to Buy! Interest Rates are Near Historic Lows

Buying a home is a big decision: What type of home do I want? Where do I want you live? Am I getting the best return on my investment? When is the best time to buy? At Heatherland Homes, we are committed to making the process as quick and easy as possible for you. That’s why we’ve partnered with BankSouth Mortgage, Southeast Mortgage and Ameris Bank as our preferred lenders. These three mortgage companies are some of metro Atlanta’s top lenders, and any of them can assist you in obtaining the best mortgage to fit your budget.

Right now, interest rates are near historic lows! With current interest rates as low as 3.75% for a 30-year fixed rate mortgage for qualified buyers, there is no better time to secure a mortgage and buy a new home in metro Atlanta.

According to MortgageCalculator.com, purchasing a new $250,000 home with a 3.75% interest rate and a 3.5% down payment, your mortgage would be just $1,117 (principal and interest only). By comparison, just a 1% increase in interest rates would increase your monthly mortgage payment to $1,258 (principal and interest only). That’s a significant difference over the life of a 30-year loan!

At Heatherland Homes, we offer new homes throughout metro Atlanta with prices starting from the high $100,000s. To see all of our new home communities, click here.

We are committed to making the homebuying process as simple as possible. Whether it’s giving tips on the best times to buy a house or working with you to ensure everything is perfect in your future home, we are here every step of the way. To learn more about our services or to inquire about one of our homes, please visit www.www.heatherlandhomes.com or call 770-502-6230 today.