Monday, February 4, 2013

Interest Rates Pressure Will Cost YOU!

 In the news and in prior posts, you have had to got the sense that interest rates were trending up and down in a fairly narrow 3% to 3.5% range.

Yet, rates have risen to over 3.75% in the past week.  The impact of higher rates can scare a buyer.   Yet, it is more a matter of losing out of historical great rates rather than making it bad to buy a home.  

The chart below expresses the monthly payment change(P& I only) as rates increase.   Please study!

I am sure you will move quickly!

Move today

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