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New Hampshire Mortgages (NH)Realtors in New Hampshire's charming roadside towns report that the housing market is cooling with higher end homes flat and longer selling periods for homes in general. Housing experts say the downturn that some predicted would decrease the value of a home by as much as 20 percent in New Hampshire hasn’t materialized. In fact, the housing market is thriving and healthy here for buyers and sellers. And home prices did not and are not likely to decline. According to Dean Christon, deputy executive director of the New Hampshire Housing Finance Authority, “We never believed there was a real bubble in the New Hampshire market. Our projection was that the market would slow down and go back to a normal rate of growth.” Mortgage rates fell slightly in early April, making this a good time to purchase or re-finance a home in New Hampshire. Quick New Hampshire Housing factsPercent of New Hampshirites who own a home: 69.7%Percent of Renters in New Hampshire: 30.3% Median New Hampshire Household Income: $56,078 Best City to live in New Hampshire: Merrimack, New Hampshire How much house can I afford in New HampshireOne of the biggest problems facing New Hampshire’s homebuyers is figuring out how much house you can afford. Factors to consider when figuring our how much you can afford are: 1) what are property taxes in New Hampshire, 2) Do you have other monthly obligations – i.e. credit card debt, and 3) how much of a down payment can you afford. We also have some great mortgage calculators that can help you figure how much home will fit into your monthly budget.Refinancing in New HampshireRefinancing can be a great way to pull money out of your home, consolidate all your high interest credit cards, and get out of debt once and for all. The best part too is if interest rates have gone down to could be saving thousands over the life of your loan.Request a New Hampshire Mortgage Quote >>
This site is not a broker and does not collect or solicit mortgage applications. Content is for informational or comparison purposes only. Services are not available in New York. Products and services may not be available in all other states. |
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