Real estate blog entries tagged with 000 tax creditabsecongallowayremax by Antoinette Murphy, GRI (RE/MAX Atlantic)

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Home : Blogs : Antoinette Murphy, GRI : Antoinette's Blog : Tag "000 tax creditabsecongallowayremax"

000 tax creditabsecongallowayremax: What Does the Rising Interest Rate Mean? - 05/29/09 09:10 AM

What does the rising interest rate mean? For starters, it means that the house you were thinking of buying is now less affordable to you. For every 1% rise in the interest rate, that means that this dream home will now cost you $9,000 more. No, not because the current owners decided to put down fresh sod on the front lawn, or upgrade to brand new stainless steel appliances because they like you. It's because the interest rates are rising...!
Yes, interest rates are on the rise, and big time. I hope this means that the economy is starting to recover. We … (0 comments)

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Antoinette Murphy, GRI

Absecon, NJ

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RE/MAX Atlantic

Address: 703 East White Horse Pike, Absecon, NJ, 08201

Office Phone: (609) 641-8600 x 32

Cell Phone: (609) 412-5703

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