March 16th, 2018 3:19 PM by Taydus Taydus, AHWD, CNE, CRS, GRI
Whether you are buying or selling a home, increasing interest rates affect you.
If you are purchasing a home, higher interest rates means you will ultimately pay more for your new home and / or not qualify to afford as much home as you would like if you are securing financing to make the purchase.
If you are selling your home you will also need to buy a replacement home so higher interest rates will not only affect you when you as a home buyer, it will affect the buyer of your home and possibly narrow the pool of buyers that could have purchased your home when the rates were lower.
Whether you are buying or selling, NOW is the time to make your move ... CLICK HERE to read more