Posted By Shawn Pillion @ Jan 28th 2014 10:24am In: Buyer Info

Now that the Charleston housing market has stabilized, more and more homeowners are considering moving up to the home they have always dreamed of. Prices are still below those of a few years ago and interest rates are still below 5%.

However, sellers should realize that waiting to make the move while mortgage rates are increasing probably doesn’t make sense. As rates increase, the price of the house you can buy will decrease. Here is a chart detailing this point:

1.28 Blog Visual

 

 



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