Interest rates have a huge effect on so much and many people say they “realize” that, but do they really understand the impact? Here’s a crazy scenario- If you can afford $100,000 house, at 5% interest, 30 year term, payment (excluding taxes, insurance) is $536.82/month. This is very affordable in today’s market. If interest rates [...]
Continue reading about If Interest Rates go up, Monumental effect.
Buying, Listing, Real estate
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