Rising Interest Rates Means Less Buying Power

By |2018-04-26T11:12:54+00:00April 26th, 2018|

When interest rates rise, the true impact on a home buyer is their buying power. While home values might not change, the cost to obtain a home load goes up. This means that you may be able to afford less home than you thought. The graphic above shows how you may be impacted while interest rates go up.

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