Testimonials

"Fast, Fast, Fast. My Home Sold in 24 Hours for the Full Asking Price!!"
"When I put my property on the market I didn't expect it to sell so fast and for the full asking price. The A-1 Nolan team was very professional and kept me informed every step of the way. I couldn't have asked for a better experience and would definitely recommend A-1 Nolan to family and friends in the future."

"Ludlow Home Sold in 8 Days for 99% of Asking Price!!"
"Like anyone else selling their home, we wanted to sell it fast and for the most money possible. After our initial meeting we were confident that the A-1 Nolan team would get the job done. They also assisted us in purchasing a home at the same time. Thank you A-1 Nolan for a job well done!"

A FEW POINTS ABOUT INTEREST RATES!

A FEW POINTS ABOUT INTEREST RATES!

Less is more

If you're new to investing or real estate and don't know the first thing about interest rates, here's a good tip: the higher the interest rate, the more expensive it's going to be. High interest rates mean you will have to pay back more on the money you borrow. Another good rule of thumb is that affordability increases if you use an adjustable rate mortgage (it's easier to qualify this way). Of course, there will be a wide range of prices that you can choose from, depending on what kind of financing you choose..

Not even the Fed knows for sure

The Fed holds a considerable amount of power, but they can't control everything. Mortgage interest rates are affected by many unpredictable political, economic and social events. So there is no guarantee what direction interest rates will go, despite the forecasts of the experts. Therefore, make your financial decision based on where things are today including your budget, your needs and your future plans.

Locking in rates assures your lowest interest

If you do decide you want to lock in at a certain interest rate, you will need to complete a loan application and send it to your lender as soon as possible. This must be done so that your commitment doesn't runout before your loan is approved. Follow up and be se sure that the lender is receiving all of the necessary documentation. Get a property appraisal, which usually costs about $300, through your loan agent as soon as possible.

Don't obsess and miss a good real estate deal

Although rising interest rates can create more problems for home buyers, waiting and hoping for low rates is not necessarily a smart move. You may end up paying a higher price. Also, refinancing is always an option in the event that interest rates come down.