How Interest Rates Impact Buyers
Jeff Quintin
#TheQuintinGroupARealEstateSuperTeam | Real Estate | Local Expert | Jersey Shore Real Estate Team Owner & Agent at The Quintin Group Keller Williams
You’ve all heard that rates have increased, and they may continue to increase as the year goes on. Today we want to talk about interest rates and how they affect you. The rule of thumb is that a 1% rise in interest rates means a 10% decrease in buying power. However, today’s rates may not be as bad as you think. To hear more, watch this short video.