Discussing Rising Interest Rates For Mortgages

Discussing Rising Interest Rates For Mortgages

Interest rates for home mortgages have begun to rise but there’s no reason to panic. Rates still remain historically low.


According to an article published in REALTOR® Magazine recently quoted mortgage rates rose from 3.5% to 4.125%. What this means to a typical buyer is that for every $1,000 borrowed on a 30 year loan your payment will rise by only thirty-six cents!


Owning a home is still the American Dream and, most importantly, is still attainable even with rising interest rates. Another thing to keep in mind is that, unlike rent payments, the interest on a mortgage payment is tax deductible.


Home ownership is still a bargain! Start looking for your piece of the American Dream here. 


Brian Hargrove Headshot
Author:
Phone: 919-830-5233
Dated: January 6th 2017
Views: 341
About Brian: ...

Property Search









RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

Color Of The Month For May 2020 - Sherwin Williams choses Stardew as
RALEIGH NC REAL ESTATE MARKET UPDATE DURING COVID19 - While the world has changed,
New Construction Homes In Holly Springs NC - Holly Springs NC New Home
Raleigh NC Real Estate Market Update 2020 - While the world has changed,

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

Grow Local Realty
140 Raleigh Street
Holly Springs, NC
919-582-7340
919-867-6464

Other Locations