It is official...Interest rates are up 1/2% in the past week.
Good homes in excellent shape are few and far between and now interest rates are up.
Home values are up also.
Looking to buy??? Now is the time!!!! WE have no idea of what rates will do and values will continue going up.
Time to make a decision.
I have heard about this. It will get some people looking faster and a few that will downsize thier wants.
WEll, in some ways this is not all that bad. Maybe people with some savings will make a couple bucks.
Bill, I've been watching the rates slowly climb as well as home values...the longer a buyer waits the more expensive it will be for them which will result in them buying less house for the money.
Comments(3)