Purchasing power

Learn how to make the most of your purchasing power with these smart tips. Discover strategies to stretch your budget and get more for your money.
With each quarter of a percent increase in interest rate, the value of the home you can afford decreases by 2.5% (in this example, $10,000). Experts predict that mortgage rates will be closer to 5% by this time next year. #realestate #mortgagerates Fixed Rate Mortgage, Mortgage, Mortgage Rates, Low Interest Rate, Mortgage Companies, Mortgage Lenders, Mortgage Rate Trends, Real Estate Trends, Real Estate Information

With each quarter of a percent increase in interest rate, the value of the home you can afford decreases by 2.5% (in this example, $10,000). Experts predict that mortgage rates will be closer to 5% by this time next year. #realestate #mortgagerates

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Sherwood Strickland Group
How Current Interest Rates Can Have a High Impact on Your Purchasing Power Real Estate Tips, Interest Rates, Fixed Rate Mortgage, Real Estate Information, Real Estate Buyers, Purchasing Power, Real Estate Articles, Selling Real Estate, Real Estate News

According to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 4.61%, which is still near record lows in comparison to recent history!

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Kim Ayer Hattaway