Dont Wait To Move Up To Your Dream Home

Dont Wait To Move Up To Your Dream Home

Now that the housing market has stabilized, more and more homeowners are considering moving up to their dream home. With interest rates still near 4% and home values on the rise, now may be a great time to make a move.

Sellers should realize that waiting while mortgage rates are increasing probably doesn’t make sense. As rates increase, the price of the house you can afford will decrease if you plan to stay within a certain budget for your monthly housing costs.

Here is a chart detailing this point:

Buyer's Purchasing Power | Keeping Current Matters

With each quarter percent increase in interest rate, the value of the home you can afford decreases by 2.5%, (in this example, $10,000). Experts predict that mortgage rates will be closer to 5% by this time next year.

Act now to get the most house for your hard earned money.

Ryan McLemore Headshot
Phone: 972-804-3474
Dated: August 14th 2015
Views: 275
About Ryan: Ryan's career started in 2002 with Citigroup’s marketing division where he offered full service fi...

Property Search

RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

Get Into A New Home For Less - FIND YOUR NEW HOME and ask me
One Percent Down Home Loan With No Closing Cost - Would you love to be in your very
Merry Christmas From The Webbers - Merry Christmas from The Webber
Tax Deductions For Relocation Lump Sum Payment - How to Manage a Lump Sum MoveDoes

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

Pinnacle Realty Advisors
3824 Cedar Springs Rd #801-7724
Dallas, TX