Where do think they will go next?
In This Post
Historical graph of interest raates over the past 30 years.
The graph on this page was provided by North Point Escrow of Bellevue, WA for agents to share with their clients. What with all of the news being about interest rates rising, why aren't more people taking advantage of the relatively low housing prices and the current rates?
I've heard one report that claims interest will stay low because there is little demand for money these days. Now that a new jobs bill has passed, will the demand go up? There are many reasons for the rates to rise. How many reasons do you have for not stepping up to buy that investment property now, or to move to a home in the neighborhood you've been dreaming about. Don't look back at 2010 and say, I wish I had...
Call your Realtor today.