What’s Happening With Interest Rates?

February 1, 2017

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Interest Rates Through the YearsOver the last few months we have seen an increase in interest rates, but there is no need to panic or give up on your dream of moving.  Historically, we still have very low rates that make buying a home affordable.   If you have been considering upsizing, downsizing or buying your first home NOW IS THE TIME.   Don’t wait until Spring, especially if you have to sell before you buy.   The closer you get to spring, the more competition you have to sell your home.

Industry experts have forecasted that rates will rise to 4.75- 5% by the end of 2017.  So, if you are in a position to start the process, let’s get together and talk about your options in today’s market.  Call or text me anytime.

Julie Bowman, REALTOR.  703-434-9027