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Adrienne McCune
Let's Find Your Next Place
The Impact Your Interest Rate Has on Your Buying Power
December 20, 2016
by The KCM Crew on December 16, 2016 in First Time Home Buyers, For Buyers, Infographics, Interest Rates, Move-Up Buyers
Some Highlights:
- Your monthly housing cost is directly tied to the price of the home you purchase and the interest rate you secure for your mortgage.
- Over the last 30 years, interest rates have fluctuated greatly with rates in the double digits in the 1980s, all the way down to the near 4% we are experiencing now.
- Your purchasing power is greatly impacted by the interest rate you secure. Act now before rates go up!
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