The Impact Your Interest Rate Has on Your Buying Power

20161216-cost-of-interest-kcm

Some Highlights:

  • Your monthly housing cost is directly tied to the price of the home you purchase and the interest rate you secure for your mortgage.
  • Over the last 30 years, interest rates have fluctuated greatly with rates in the double digits in the 1980s, all the way down to the near 4% we are experiencing now.
  • Your purchasing power is greatly impacted by the interest rate you secure. Act now before rates go up!
JoAnn Petrosino, REALTOR, ABR, CRS, GRI, CHMS, CNS
Coldwell-Banker Apex Realtors

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