Where are interest rates headed?



Hello again! Welcome back to my video blog!

This week’s theme is increasing interest rates. The recent jump has had a lot of people worried.

Rates have increased by about a point, 3.5%-4.5%. This is a jump, but those of us who bought homes in the ‘80s, we saw interest rates as high as 14%-15%. So 4.5% is still a fantastic rate.

Now, where are interest rates headed? Will they come back down? We really don’t know the definite answer.

If you have any questions about your home or your neighborhood, please call me.  I would be more than happy to help!

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