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  • Interest Rate Impact

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    Joi McKinney
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    Interest rates have an impact for buyers, but you may not think it impacts sellers....while actually it does! But, there are less buyers in the buyer pool at that price point!

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    Interest rates have an impact for buyers, but you may not think it impacts sellers....while actually it does! But, there are less buyers in the buyer pool at that price point!

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    13 views1 page

    Interest Rate Impact

    Uploaded by

    Joi McKinney
    Interest rates have an impact for buyers, but you may not think it impacts sellers....while actually it does! But, there are less buyers in the buyer pool at that price point!

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    AS YOUR RATES GO UP

    YOUR BUYING POWER GOES DOWN


    MONTHLY
    PAYMENT: $2,500
    Total Monthly Payment includes PITI (Principle, Interest, Taxes and Insurance). All
    numbers shown on this informational flyer are estimates only and should be viewed as
    such. Please obtain final numbers prior to closing.

    INTEREST
    RATE %

    BUYING
    POWER

    4.5
    5
    5.5
    6
    6.5

    $321,227
    $310,409
    $300,026
    $290,075
    $280,549

    HISTORIC BUYING POWER OF $2,500

    $321,227
    $275,145
    $229,063
    $182,981
    $136,899
    1980

    1990

    2000

    2010

    2016

    The problem with historically low rates is that they are bound to go up.
    As rates go up, you may be missing out on the home of your dreams.

    Title fees and rates provided by

    Triple Crown Realty - Guy & Joi


    McKinney
    Keller Williams Flower Mound
    214-699-6788
    triplecrownrealtydfw@gmail.com

    M
    3.2.9.3

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