07/05/2022
According to local lenders, interest rates are expected to cap at 8%.
Rising Interest Rates-To buy or not to buy?
Yes, PURCHASE!
Interest rates have been fluctuating for many decades. 2-3% is NOT the normal rate on mortgages and was essentially seen as free money by many consumers. 4-7% interest on a mortgage may allow for less buying power, however, the home you purchase right now WILL continue to appreciate.
Connect: I have a lender who can lock your interest rate for 60 days once they are approved!