On today’s episode, we’ll explore rising interest rates and how they could impact you in your home buying journey. Interest rates have been increasing since September and are about 2% higher, roughly at 4.5% on a 30-year fixed mortgage. We certainly encourage potential buyers to reach out and understand what their payments are going to look like.
We want to look at things in perspective. It’s still a great time to buy and rates are still historically low. There’s probably going to be a future opportunity to refinance the rates people are closing with today. Owning a house is always going to be valuable, housing values will continue to go up.
0:00 – Interest rates are up
0:21 – Reach out to us
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