As interest rates increase for home buyers, not only does the monthly payment go up, but so does the amount of monthly income needed to purchase a home. Check out this example to see how interest rates affect a home buyer's bottom line. Search the latest San Diego Homes for … [Read more...]
Rising Rates: Spoiling Home buyers’ Plans
Homebuyers are concerned about the effect rising interest rates have on their ability to afford a home, but not enough to spoil their plans, according to a recent survey issued by Zillow Group Mortgages. Eighty-three percent of homebuyers who plan to purchase a home in the next three years expect to … [Read more...]
