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Where Are Interest Rates Headed This Year?

by Cheryl Scott-Daniels

            

With interest rates still below 4%, many buyers may be on the fence as to whether to act now and purchase a new home, or wait until next year.

If you look at what the four major reporting agencies are predicting for 2016, it may make the decision for you. The chart below averages the predictions by quarter.

     

With the exception of Fannie Mae, the experts agree that interest rates will increase by three-quarters of a percentage point, costing you more to pay back your loan.

Bottom Line

Even a small increase in interest rates can put a dent in your family’s wealth.

 

Zillow's 2016 Predictions For Housing & Real Estate

by Cheryl Scott-Daniels

Resolve To Hire A Real Estate Professional In 2016

by Cheryl Scott-Daniels

Some Highlights:

  • Happy New Year!
  • If you plan to buy your dream home or sell your house in 2016, resolve to use a real estate professional!
  • Real Estate Professionals are there for you through the entire process to help with paperwork, negotiations, pricing, and so much more!

Displaying blog entries 1-3 of 3

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