Don’t let your buying power slip away

Mortgage rates are on the rise, and the more they go up, the more your purchasing power goes down.

Imagine you can afford to pay $1,600 on your monthly principal and interest payment. If mortgage rates rise just 1%, you’d have to pay an extra $200 a month for borrowing the same amount of money. Or, you could settle for a lower-priced house to stay within budget.

Why take that risk? If you’re ready to buy, make your move now while rates are still affordable.