Periodically C.A.R., California Association of Realtors, publishes newsletters, e mags and other useful information which I find interesting and helpful. One such email I get from them is called “One Cool Thing”.
It puts into a neat graphic tidbits about the state and things going on in real estate. This weeks was a chart showing how rising interest rates will affect what your monthly payment will be on a 30 year $150,000 mortgage. I know, rates above 4%, how could that be but the truth is, they will be going up. The only question is when? So before they do break the 4% barrier, best to think about buying now.
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