Buyer Tips from Dale Warfel - Stable Monthly Housing Costs

Here's a tip from Dale Warfel, a realtor who specializes in properties in Almaden Valley and Willow Glen communities in Santa Clara county, CA.

When you rent a place to live, you can certainly expect your rent to increase each year – or even more often. If you get a fixed rate mortgage when you buy a home, you have the same monthly payment amount for thirty years. Even if you get an adjustable rate mortgage, your payment will stay within a certain range for the entire life of the mortgage – and interest rates aren’t as volatile now as they were in the late seventies and early eighties.

Imagine how much rent might be ten, fifteen, or even thirty years from now? Which makes more sense?

For your real estate needs in San Jose, particularly in Almaden Valley and Willow Glen, do contact Dale Warfel.