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Todd Patterson

Find Your Next Home

Todd Patterson

Coldwell Banker

The Impact Your Interest Rate Has on Your Buying Power

December 20, 2016



The Impact Your Interest Rate Has on Your Buying Power [INFOGRAPHIC] | Keeping Current Matters

Some Highlights:

  • Your monthly housing cost is directly tied to the price of the home you purchase and the interest rate you secure for your mortgage.
  • Over the last 30 years, interest rates have fluctuated greatly with rates in the double digits in the 1980s, all the way down to the near 4% we are experiencing now.
  • Your purchasing power is greatly impacted by the interest rate you secure. Act now before rates go up!

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