What Do Rising Interest Rates Mean for You?

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    Since the election ended, interest rates have gone up. What does that mean for you?

    As a buyer, that means your purchasing power has gone down. Houses that you looked at two weeks ago are technically more expensive now.

    If you are buying a home, we recommend locking in a low rate right now. We expect that rates will continue to rise, and even a small increase can make a huge difference on your monthly payment.

    If you have any questions about interest rates or our local market, just give us a call or send me an email. We would be happy to help you!

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