Effects of Interest Rates on . . .

Why are real estate brokers harping on buying a house now due to low interest rates?? Here’s a visual! Your buying power increases as interest rates drop. There’s a huge difference between a $500,000 home and a $700,000 home. Alternatively, if your goal is to keep your monthly payment low but buy the more modest house, now is the time to do it because interest rates will keep your payments lower. Click here to go to the home buying section of my website.

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