How to Step Away from Inflation
Inflation is a general increase in prices and fall in the purchasing value of money. So, when you see a rise or fall of gas prices and groceries and rent, take a look at the change in the mortgage rates. According to CNET “As a general rule, when inflation is low, mortgage rates tend to be lower. When inflation is high, rates tend to be higher.” When you attain a 30 year fixed mortgage to buy a home, that allows you to step away from the rise and fall of interest rates to a fixed amount on your monthly mortgage payment. If you would like to learn more about how buying a home can help you get control of your budget, let’s connect at www.lawton-home.com
Be sure to check out our listing page where you can see our lot for sale at 1205 NW Oak for $12,000. This is located across the street from Whittier Elementary school and would be perfect for building your family home.