Mortgage Options When Buying a Home in Sun City Festival

As is the case when buying a home anywhere, when buying a home in Sun City Festival you'll likely take out a mortgage to finance this significant purchase - even if you have plenty of cash on hand from the sale of your previous home. You might be wondering why this is the case. Well a mortgage lets you finance your retirement from the sale proceeds rather than tying it up in a home. According to Bankrate, interest rates in the Buckeye, Arizona area are still affordable as of the end of August 2013. However, it should be noted that these rates do fluctuate according to the term of the loan. To demonstrate a bit more … [Read more...]