I know it seems like all our messaging right now is about rising interest rates. For the past 8 years we have been warning of this day and most people felt like we were crying wolf. Well the Big Bad Wolf is here now and he is showing his gnarly teeth. Rates have gone up and the trend is not your friend. On the good side, in December of 2015 we were at 4.25%. As of today we are less than that. The bad news is that we will see 4.5% in 2017. The question is will it be in January or some other month. If you have been a fence sitter it is now time to get off the fence.
Don't just take it from me, read more: Do Rising Mortgage Rates Mean Buyers Should Wait or Lock?
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