Canyon Park, a neighborhood within the Bothell city limits, has approximately 4,709 residents and is considered to be a “very livable” neighborhood according to AreaVibes. The website gave the
How Interest Rates Affect Your Buying Power
The chart below describes how mortgage rates can affect your purchasing power. A 1% rise in rates, like from 4.5% to 5.5% can be the difference in qualifying for a $600,000 home and a $535,000 home. Of course, your monthly payment also takes into consideration the length of the loan, the type of loan, insurance, taxes and price of the home. Arguably, the biggest factor of home affordability is the interest rate.
You can talk to a Team Troy preferred lender today or visit the Finance section of our website for more information. Bottom line: If someone wants to loan you money on the cheap - why not take advantage of it while it lasts?
~Married with 2 children ~Turned grey prematurely ~Fetish for all things Apple ~Urban chicken farmer ~Enology (wine making) student @ WSU ~14+ years of Real experience “Here at TeamTroy we h....