This week interest rates have risen a little. Earlier this year the interest rate was just over 4.75%. Today you may see the interest rate closer to 5.125%.
What does this mean to you? Nothing right now. Interest rates usually go up when the economy is doing better. However, the interest rates cannot go up too fast in light of how the economy is doing. If the market continues to improve you will see higher increases in interest rates but his will not be for a short time after the market is "stabilized".
Now is the time to invest in real estate. Don't wait to long or interest rates will be up again and the market will stabilize.
If you would like the chance to work with me or one of my fellow real estate investor coaches and our advanced training programs, give us a call anytime to see if Dean's Real Estate Success Academy and our customized curriculum is a fit for you. Call us at 1-877-219-1474 ext. 125