Welcome to the TooeleHomes4Sale.com Blog

2015-06-18 10:03:09
About Rising Interest Rates in Tooele UT

Berna posted this this morning on Face Book. It is short and to the point.

If you are planning to buy a home in Tooele, and need to sell your existing home to do that, you need to pay attention. There are ways to do that, and Berna knows them.

More importantly there ie a time to do that as well.

Rising interest rates play havoc with plans. The home you wanted to buy last month has been priced out of your payment level with just a half% rate hike.

The buyers that were interested in your home 30 days ago and were waiting for their home to close can no longer qualify as an interest rate hike altered their qualification.

If you are on the fence, talk to Berna. Call her, Berna Sloan 435-840-5029. Today!

When mortgage interest rates begin to climb, experts immediately begin to discuss home affordability indexes. They calculate how an increase in rates will slow home purchases as more and more potential buyers are priced out of the market....
SIMPLIFYINGTHEMARKET.COM

 

 

 

Thanks for visiting our site and for letting us provide the best Tooele property search site available. To see all of the homes for sale in Tooele County stay on our website.

Search for homes you might consider buying and then see what a rise in interest rates would do to your selection.

 
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