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!