Time to Buy?

Here are some great charts to show trends in mortgage rates, home prices, and the variables involved in making a rent vs. buy decision, courtesy of Paul Scobee with Eagle Home Mortgage:

Click Here for the 30 Year FHLMC Rates On 30-Year Fixed-Rate Mortgage Chart

Click Here for the 200 Year Historical Rates On 30-Year Fixed-Rate Mortgage Chart

Click Here for the 20 Year FHA Interest Rate Average For 30 Year Fixed-Rate Mortgage Chart

Click Here for the Rent vs. Buy Index Chart

Click Here for S&P/Case-Shiller Home Price Indices Chart

Happy investing!

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