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AEM Mortgage Minute with Deanna Daughhetee

Now Really is the Right Time to Buy a Home
Tuesday, July 22, 2008

Timing is crucial when buying a home and many factors play a part in deciding when is the right time to buy. Like all markets, inevitably the housing market has its ups and downs. After nearly two years of unfavorable market conditions, experts advise now is the right time to purchase a home. Along with historically low interest rates, homeownership continues to be virtually unmatched by any other purchase in terms of its real financial benefits.

Homeownership is a solid stepping stone to a future of financial security and the single largest creator of wealth for many Americans. Over the long-term real estate has consistently appreciated, even through periodic downward adjustments in local markets in response to economic conditions. On a national level, home appreciation has historically increased 5-6 percent annually, report economists at the National Association of Home Builders.

Contact American Equity Mortgage to learn about the variety of home loan products available right now and how we can help you choose the one that is best for you.