25 Tips For Buying Your Dream Home in 2019 – Series
13. Pay Attention to Changes in Interest Rates
The interest rate attached to your mortgage has a significant impact on your monthly payment. Even a small percentage increase can influence how much money you can reasonably put toward a monthly mortgage payment. While you won’t be able to accurately predict just how much the interest rates are going to change, you may be able to determine whether they are going up or down in value. Having this information handy can help you decide when to begin the search for your dream home in earnest.