Interest Rate & Your Buying Power


Some Real Estate Highlights:

  • Your monthly housing cost is tied to the purchase price of your home + your mortgage interest rate.
  • Over the past 30 years, interest rates have fluctuated greatly with rates in the double digits in the 1980s,  down to below 4% in 2016.
  • Your purchasing power is impacted by the interest rate you secure – the lower your rate, the higher the purchase price you can qualify for.
  • Buy now before rates go up even more!
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