Author: linda parvin hutchinson

I am many things to many people and I love it. I am also an award winning REALTOR. I could fill this space with a multitude of awards and accolades but I would rather you know that I love my God, my family, friends and my life. I am happy, optimistic, grateful and I really love a good laugh. I like to share information with my peeps and I love living in Orlando with a second home in North Carolina. In general, I love a God who has blessed me greatly. I wish the same for you. http://about.me/lindahutchinson
Buyers Homes Housing Interest Rates Move Real Estate

Don’t wait to move up to your dream home!

Dont-Wait-KCM

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.

With each quarter percent increase in interest rate, the value of the home you can afford decreases by 2.5%. 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.