interest rates and buying a home: One Critical Benefit in Using a Buyer's Agent
- 01/17/14 12:53 AM
One of the most valuable assets you have when you have a good Buyer's Agent working in your court, is to have access to a solid perspective on the market. I met a buyer this week who was hesitant to move forward because of the upward flux of prevailing interest rates. While it's true interest rates are creeping up, it's important to keep things in perspective. Even a half percent increase on a $100k loan will cost a buyer less than a $1 a week. More importantly one should consider where interest rates were just a few years ago. A … (2 comments)
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One of the most valuable assets you have when you have a good Buyer's Agent working in your court, is to have access to a solid perspective on the market. I met a buyer this week who was hesitant to move forward because of the upward flux of prevailing interest rates. While it's true interest rates are creeping up, it's important to keep things in perspective. Even a half percent increase on a $100k loan will cost a buyer less than a $1 a week. More importantly one should consider where interest rates were just a few years ago. A … (2 comments)
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