Realty Executives Premiere

Sue Wiskowski-Fair

Broker, Suburban Chicago Area -- CRS,CRB,SFR,C2EX,GRI (630) 235-4861

Sue Wiskowski-Fair

Broker, Suburban Chicago Area -- CRS,CRB,SFR,C2EX,GRI

Realty Executives Premiere

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What are interest rates likely to be in the future?

(Published on - 2/3/2016 6:05:47 PM)

If you're wondering whether to move up to that larger home, or just begin the journey of homeownership, worrying about the rise of interest rates should not be a deterent.  Historically interest rates are as low as they were in the 1970's.  And the experts are projecting a rise during the next year, but not a dramatic increase.  Even though the Fed has projected a rise in interest rates by year end, these are still very affordable mortgage rates and not a reason to put off your next move.  

 

Jan 16 int rates

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