Posted on January 19, 2015 - 05:20 PM
by john kavazanjian
I do not think it would be prudent to calculate how much of a mortgage you can afford based on the recent downturn in gas prices. I do believe they will go up again in the long term. In addition I think mortgage rates will rise in the second half of the year. Yes I know that has been predicted before however I do believe it is more of a reality this year based upon what I have been reading regarding the Federal Reserve.
Purchasing real estate is a good long term investment. I think it has to be approached in a long term view rather than the short term like a temporary drop in gas prices.
Dont Miss a New Listing Again!
Already registered? Login
FREE AUTOMATED EMAIL UPDATES
Sign in to take advantage of all this site has to offer. Save your favorite listings and searches – also receive email updates when listings you like come on the market for free! *Contact Information NOT Shared*
. John Kavazanjian Signature International Real Estate LLc.
901-c Clint Moore rd. Boca Raton, FL. 33487
(561) 699-3004 Cell firstname.lastname@example.org