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Low Interest Rates

By
Real Estate Agent with Sun Realty NC

Photo Courtesy of Kitty Hawk Kites

Jockeys Ridge


The low interest rates we are currently experiencing are not going to stay around forever. The big brouhaha in economics recently... is that it is generally expected that mortgage rates will rise by year's end... like the kites on Jockey's Ridge. Interest rates would still be quite low by historical standards. However, a rising monthly payment - thanks to rising interest rates- could cause sticker shock for many potential homebuyers. The current projections from Freddie Mac, Fannie Mae, NAR and the Mortgage Bankers Association all agree that interest rates will increase to between 4.3-5.4% by the end of 2015.

 

 

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I strive to be your one-stop-shop for all that is happening in world of real estate and in our very own little oasis of the Outer Banks of North Carolina. I invite you to become a fan of our Facebook page (https://goo.gl/9HGocw ), post your comments, ask questions...start a conversation!

If you are considering buying or selling in the Outer Banks, please contact me today at 252-489-8491. Should you have any questions or would like to discuss your unique situation regarding real estate in the Outer Banks of North Carolina, then please call or email me today.

 

Got questions?
Ask! 
hughwilley@sunrealtync.com or 252-489-8491
Hugh "Scooter" Willey
www.nagsheadhomes.com 
www.hughwilley.obxwhere.com
www.outerbankshomes4sale.com 

 

If you enjoy my blog posts, then let's Network more, here is my LinkedIn Profile

 

Winston Heverly
Coldwell Banker Access Realty - South Macon, GA
GRI, ABR, SFR, CDPE, CIAS, PA

Hugh,  I like to give new timers a vote of confidence as they begin a new journey into the blogging arena.

Feb 05, 2015 11:09 AM