The interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate the greater the payment will be. That is why it is important to know where rates are headed when deciding to start your home search.
Below is a chart created using Freddie Mac’s U.S. Economic & Housing Marketing Outlook. As you can see, interest rates are projected to increase steadily over the course of the next 12 months.
Depending on the amount of the loan that you secure, a half of a percent (.5%) increase in interest rate can increase your monthly mortgage payment significantly.
According to CoreLogic’s latest Home Price Index, national home prices have appreciated 7.0% from this time last year and are predicted to be 4.2% higher next year.
If both the predictions of home price and interest rate increases become reality, families would wind up paying considerably more for their next home.
Even a small increase in interest rate can impact your family’s wealth. Let’s get together to evaluate your ability to purchase your dream home.
Deanne Olivas Keller Williams East Valley 480 452 5567
3 Bedroom Home In Power Ranch Home In Gilbert For Sale - Gilbert Home for Sale - 3 BedroomMore To Do In February - CHOCOLATE LOVERS’ FESTIVAL ONMorrison Ranch Gilbert - Morrison Ranch - ResidentialHow Much Value Does Building A Pool Add - How Much Value Does Building a
Jamie Brickweg - 20
Chris Dunham - 94
Dawn Gonzales - 1
Brad Hall - 13
Ingryd Hernandez - 12
Cheryl Lindblom Home Team @ KW - 285
The LUXRE Group Keller Williams - 1038
Dan Keyes - 18
David Marsh - 3
Deanne Olivas - 35
Christina Paramore - 5
Penny Thompson - 5
Mark Ulloa - 37
In just a few seconds, you will be searching just like a Realtor®
Office Phone: 480-389-4851Cell Phone: 480-204-3392
Gilbert Home for Sale - 3 Bedroom Home in Power RanchThis 2002 Built H
CHOCOLATE LOVERS’ FESTIVAL ON THE VERDE CANYON RAILROADFebruary 14Th
Morrison Ranch - Residential parkways and tree-lined streets, where se
How Much Value Does Building a Pool Add? Adding a swimming pool i
This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.
New & returning visitors please enter your information to login.
This message will go directly to the head of our team.
Welcome, here’s a quick look at some of the FUN things you can do here. Click next to continue.
You can perform map searches, complete with “HEAT MAPS” that quickly show you interesting things.
You can search Foreclosures, Short Sales, and Price Reduced Properties, and other nifty property sets that’ll get your imagination going…
Save properties you like for easy reference later.
And quickly “drill down” and find “similar properties” (people tell us they like this A LOT!)
You can sort by which properties are most popular, most walkable… or sort by square footage and acreage...
If you own a property you can quickly see how much it might be worth these days..
If you’re not pre-approved yet, click here to connect with one of our trusted lender partners.
And don’t forget to set up Email alerts… So you never miss out on a great deal. (very popular feature)