interest rates: Why Wait Until Spring? Rates are Going Up, Up! Buy Now!
- 11/18/16 07:22 AM
Interest rates were bound to go up eventually but many buyers were hoping that they would stay under 4% until Spring. That unfortunately has not been the case. As rates go up a buyer's ability to purchase a home increases as the mortgage payment increases - so you end up buying less home or accepting a higher mortgage payment. Although you may not have as many choices in the fall/winter market you will have less competition and really motivated sellers! Thinking you might want a great Christmas present for the family? Let's get you pre-approved and start searching for it today! (1 comments)
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Evelyn Santiago, Managing Broker Heart Realty Group, Inc.