6 Reasons To Buy A Home(despite a rate increase)
6 reasons you should buy a home. An improving economy and steady job market signals an improving housing market. One stimulates a rise in the others. This will remain virtually unchanged by the most recent rate increase in the foreseeable near future. If the average home price is 225k this would mean on a 30 year fixed rate loan the increase would reflect a predicted drift to $26 a month increase on buyers. Not enough to stop people from buying a home when home values are on the rise. Interest rates increasing is actually a sign that the economy has improved and showing no sign of slowing. When the Federal Government raises interest rates the masses will always shudder. Here is the reality: #1. Interest rates are still low even after this raise. #2. Buying a home still makes sense in America. #3. The dollar is strong. #4. Buying property is still one of the safest ways to diversify your money. #5. We have both steady job and economic growth to support our housing...