How Interest Rates Affect Affodability

Real Estate Broker/Owner with Eagle Ridge Realty / Signature Homes & Estates DRE# 01309169

This is an inforgraphic produced by the California Association of Realtors to share.  With rising interest rates, rising home prices may take a slight pause and level out.  Over the past 32years in this business, I've seen this happen many times.  I started my career as a lender for a very large bank here in California.  Not once did anyone ask me "What can I afford" but rather asked me "How much money can I borrow?"   Rising interest rates, without an increase in wages, will most like make the current market start to cool.  That said, I don't see interest rates rising too quickly.


Interest rates



This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Home Buying
California Santa Clara County
interest rates
housing prices

Spam prevention
Show All Comments
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

I've always defied the odds of what I can "afford" because of down payment.

May 07, 2018 09:13 PM #1
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

You made me smile, I saw this Infographic today and I said to Diane I will have to do a Blog Post about it, you beat me to it:)Endre

May 07, 2018 11:45 PM #2
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?


Gary Frimann, CRS, GRI

REALTOR and Broker
All Real Estate is Local!

Additional Information