Cedric Rice REA

Another Successful Closing!!! Congratulations to both the sellers & the buyers!! Thank you for trusting me throughout the home selling process!

How much does your credit score really cost you? Rates fluctuate. Below you will find example rates pulled off the MYFICO website. Regardless of what rates are, these general rules typically apply. For the most part, when you’re in the low 600 credit score range, you lower your interest rate by a half point for every 20 point increase to your credit score ($75 a month or $27,000 over the life of your loan (for a 250k loan)). Once you’re above a 660, it’s about a quarter point... per 20 score points ($37 a month) up to a 700. $250,000 mortgage loan on a 30 year fixed loan 760-850 3.447% 700-759 3.669% 680-699 3.846% 660-679 4.060% 640-659 4.490% 620-639 5.036% Check this fun math out, the difference between a 639 and a 700 (which really isn’t much) over the life of this loan is about $78,000 in interest. Then, add in all your auto loans, credit cards and bank loans, who really blast you with higher interest rates over that same 30 years, and this could easily equate to $100,000 or more. Now you are looking at an additional 178K in interest over 30 years. Now look at this gem, you have a staggering $178,000 less to invest over 30 years...a massive opportunity lost (something nightmares are made of). Conservatively, you could earn $325,000 with that money over that time frame. Add that to the amount you paid in additional interest in the first place and slightly lower credit scores over just 30 years could cost you HALF OF A MILLION DOLLARS or even MORE. If you earn more than the average wage of 60K a year, after tax, it would take you 10 years of work to make up the difference... Isn’t it worth getting your credit scores up?? Absolutely is the answer to that question, so send over your mother your brother and anybody else you can get your hands on and allow us to do our magic. Please use your personal URL PORTAL that we created for you to refer over the client’s information and credit report, making everything easy and secure. Randy Dillow Senior Regional Director Office : 866-595-6313 EXT: 402 Fax: 877-754-5724 If you need immediate assistance, please call: Office : 866-595-6313 EXT: 3

I'm looking for buyers who are ready to purchase now. I'm working with a team of lenders who will assist you with your loan application. The interest rates are at an All Time Low. Call me today!!

This house was on the market for 4 days and close in 20 days. NOW IS A GOOD TIME TO BUY!! CALL ME TODAY!!... Date Average 30-year fixed APR Average 15-year fixed APR Mar. 2, 2020 3.369% 2.928% Feb. 28, 2020 3.373% 3.019% Feb. 27, 2020 3.458% 3.077% Feb. 26, 2020 3.55% 3.104% #homeowners #mortgage #realestate #realtor #buyandsell #homesforsale #veteransbenefits #callmetoday #realestateagent #listreports #houseexpert #homebuyers #home #househunting #newhome #realty #forsale #sold #homebuying #veteran #justlisted #property #interestrates #veteransday #mortgages #investment #buyahome #remaxhustle #military #army #bondmarket