Now that the housing market has stabilized, more and more homeowners are considering moving up to the home they have always dreamed of. Prices are still below those of a few years ago and interest rates are still below 5%.
However, sellers should realize that waiting to make the move while mortgage rates are increasing probably doesn’t make sense. As rates increase, the price of the house you can buy will decrease. Here is a chart detailing this point ~
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MacIntyre & Cowen Realty Group, RE/MAX Real Estate Professionals, Grand River is Greater Lansing MI areas premier Real Estate Company ~ committed to providing you integrity, knowledge and professionalism; with top notch customer service, professional expertise and a solid commitment to your real estate needs. Contact us at (517) 999-2675 or via email at peter@pmachomes.com.
Article Courtesy of the KCM Crew
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