If you are considering to buy or sell. You should take a moment to consider how mortgage interest rates could affect your purchase or how could reduce the market of buyers for your home to sell. Be smart and dont wait!
Pacific Union International CEO, Mark McLaughlin, "“If I am a seller in the next 24 months, I would be acutely aware that every 1 percent rise in mortgage rates effectively eliminates 30 percent of the portion of buyers — last night’s example of 25 percent in the Bay Area can afford a $1 million mortgage at 4 percent, 20 percent at 5 percent, and 16 percent at 6 percent.”