Buying a home in Bucks County takes planning. Which neighborhood suits my family? How close will I be to work? How much can I afford?
If you are planning on buying a home this year, a big consideration is the interest rate you will pay. All eyes are on interest rates in 2018 and which way they will go.
Here’s are 3 points you need to know.
Interest Rates Are Probably Moving Up
After chilling out at historic lows, interest rates will most likely rise in 2018. If this happens, home buyers will end up paying a bit more for their monthly mortgage payments in Washington Crossing, PA.
Even so…
Purchasing A Home Is Still Smart
If you save a solid down payment, have a stable job, and manage your credit wisely, you can probably still get a decent mortgage loan. This means you’ll be building equity into a home every month instead of paying rent, even if your interest rate is higher than the last few years. That’s still a savvy financial move.
Mortgage Loan Options Can Keep Your Interest Low
Mortgage companies in 2018 know they must work with borrowers to land them the best loan. Examine all the options. In some cases, you may be better off choosing a 15 year mortgage because it offers lower interest, or opting for an adjustable rate mortgage. Your lender can offer priceless guidance to help you secure the best interest rate.
Interest rates in 2018 shouldn’t hinder you from living in Washington Crossing PA as a homeowner. If they do end up rising, planning a bit more diligently and expecting more out of your lender will ensure you end up with a mortgage interest rate you can live with.
Patrick Mallon
Federated Lending has great customer…
Federated Lending has great customer service, a very knowledgeable staff, and made re-financing an effortless experience.
Jacob Desperak
Wonderful and easy experience!
My wife and I had a very good experience with Fedlend thanks to Andy and Kathy. We couldn’t be more thankful for all the help and guidance we received along the way. Would definitely recommend to all home buyers, as we will use Fedlend for our next purchase or refinance.
Mike Pawlikowski
Federated Lending comes through again
Federated Lending comes through again. Tom K. and Federated Lending team helped me through the process of getting my original mortgage and now again with the refinance. They made the process very easy and I am extremely happy with the end result. I would strongly recommend if your looking for a mortgage or refinance that you reach out to the Federated Lending Team.
Bart Cerami
Andrew Larson and Federated Lending made refinancing my home simple, and saved me a lot of money in the process. And Andy continued to assist me after the closing when I had a question regarding my local tax payment. I have already recommended him to several of my friends and will continue to do so. Thanks Andy!!
Kristen Katzianer
Easy process from start to finish
Easy process from start to finish. The underwriter should make more money.
Megan Detwiler
We were happy with our experience. Initially there was a step missed that caused a slight delay, but we couldn’t be upset because it ended up getting us a lower rate overall. We were able to sign the documents in the comfort of our own home which was super convenient and appreciated. Would recommend!
Shawn Cannon
Second time working with Vince
Second time working with Vince. Have had nothing but great experiences. Highly recommend!!
Jorge Figueroa
Federated Lending Is Fantastic and Honest
This was such an easy transaction. What is probably the most stressful thing to do Andy and his Team made this absolutely seamless. Everything was done perfectly and right on time. Zero issues at the closing table and it all went exactly as it was explained. I was prepared for so many things to be a push up and there was none of it. NONE! I cannot say enough ...
Katie Novak
Federated Lending was a great mortgage…
Federated Lending was a great mortgage company to work with! We were able to ask questions and get immediate answers.
Elaine Punchello
I've trusted Federated Lending multiple…
I've trusted Federated Lending multiple times for my home mortgages. They make what can be a difficult process easy to get through. I've never had a delay in a settlement because of my mortgage, which is a frequent issue with other lenders. I'll continue to use them and recommend them. Thanks!
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