Still on the Fence? See What Waiting Can Cost You.

Barbara BruceFirst-Time Home Buyers, Home Buying Tips, Mortgage Tips, Real EstateLeave a Comment

Mortgage Rates are Rising

If you’ve been considering purchasing a new home or upgrading, you need to read this. If you are planning on purchasing your new home with cash, then there is no need to worry, but if you’re going to be financing part or all of your home, you will want to consider how rising mortgage rates affect your purchasing power. The Fed recently raised the main rate from 2.00% to 2.25%. This is the third time this year that the Fed has raised its benchmark interest rate. What’s more, 12 out of 16 officials are said to favor 4 rate hikes … Read More