Interest rates for home mortgages are on the rise. Mortgage rates are tied to the bond market. Banks keep interest rates on mortgages a few points higher than Treasury notes. If you are considering buying now is the time. The Shocket Team – Dickson Realty can help. Reno-SparksRealEstate.com#shocketteam
- 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!