“THE DIRECTION OF INTEREST RATES”

This representation of the 30 year fixed interest rate forecast was generated by Real Estate market analysts at “Keeping Current Matters.”  As it stands now interest rates are getting very close to 5% on owner occupied single family homes but looking at these predictions rates will be closer to 5.25% by the 3rd quarter of 2019.  The real question is, “How does this affect you, the seller?”  We’ll start by saying that analyzing data is the best way to solidify your decision when it comes to making a move.  So looking at economic analysts predictions as this graph displays is very prudent.  If you are thinking of selling your home, it would be wise to sell sooner than later based on this data.  A buyer will be able to pay more for your house now than he will if rates cross above 5%.  Don’t wait any longer.  CALL US if you’re thinking of selling