Rumor has it… Interest rates are on the rise

Have interest rates risen? Yes.

Are they still at historical lows? YES

What does this mean for buyers?

Rising rates mean rising monthly payments. This should be a great motivator for buyers to get out there NOW and start looking the home of their dreams!

While we can’t predict the future, we do know that the lower your interest rate the more buying power you will have.

If this hit home with you and you are ready to chat about buying in 2022 let’s connect and come up with a plan for how you can achieve your home buying dreams!

Hokel Real Estate Team | www.hokelrealestateteam.com | 515-981-2113

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Ballard Market Update - February 2022