Interest rate predictions are difficult to make, particularly in today’s market. All that I can tell you for sure is that rates are at record low levels right now! And we do know that as the economy improves increasing interest rates will be a given.
Just remember that with every 1% increase in interest rates, your purchasing power by reduces approximately 10%. Don’t miss this extraordinary opportunity to purchase a home at the bottom of the market.
Give me a call to start your home search today!