Oconomowoc’s location is idyllic for both rural and metropolitan interests and further, offers the best amenities of both. Just 35 miles west of Milwaukee, 5 miles east of Madison, and 120 miles north of Chicago, Oconomowoc is located in close proximity to some of the Midwest’s most esteemed cultural epicenters, as well as maintains a strong culture, vibrant economy and unmistakable smaller city charm all its own. The area includes the City of Oconomowoc, Towns of Oconomowoc, Okauchee,and Summit, and Villages of Dousman, Lac LaBelle, and Oconomowoc Lake.

Tuesday, October 2, 2012

Cost of a Home: Impact of Interest Rates

Cost of a Home: Impact of Interest Rates

by The KCM Crew on October 2, 2012 

The buyer should always look at the COST of a home, not just the PRICE. The cost is determined by the price and the mortgage interest rate which is available at the time. Below is a list of the interest rates over the last ten years and the impact they have on a $100,000 mortgage payment.

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