Interest rates during the past several months have been on a roller coaster. One of the rules in this area is that no one can predict with certainty the direction that interest rates will head. They can try to predict but they are only giving their best guess. The interest rate that a buyer must pay on a loan will affect how much they can qualify for.
Several articles that may help you with this subject when either writing a contract on a Jacksonville Florida home, condo, or townhome or considering accepting a contract written on a property you are trying to sell are:
State of the Interest Rates for Northeast florida Real Estate Loans
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