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How Low Interest Rates Increase Your Purchasing Power

Jan 24, 2017   //   by Ben Gerritsen   //   Mortgage News  //  Comments Off on How Low Interest Rates Increase Your Purchasing Power

By simplify

How Low Interest Rates Increase Your Purchasing Power | Simplifying The Market

According to Freddie Mac’s latest

With each quarter of a percent increase in interest rate, the value of the home you can afford decreases by 2.5%, (in this example, $6,250). Experts predict that mortgage rates will be closer to 5% by this time next year.

Act now to get the most house for your hard-earned money.

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