The buyer should always look at the COST of a home, not just the PRICE. The cost is determined by the price and the mortgage interest rate which is available at the time. Below is a list of the interest rates over the last ten years and the impact they have on a $100,000 mortgage payment.
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00The KCM Crewhttps://assets.keepingcurrentmatters.com/wp-content/uploads/2017/01/KCMBannerNoWebsiteDarkLarge.pngThe KCM Crew2012-10-02 07:00:432013-05-10 14:06:33Cost of a Home: Impact of Interest Rates