Waiting for 3% interest rates to come back could cost you more than you think… 🏡📉 Read this ⬇️ Let’s talk numbers using Freddie Mac data: 1980s → 14% rates 1990s → around 10% Today → around 6% Here’s what that means 👇 ✔️ Rates move in cycles ✔️ Home values historically appreciate long-term ✔️ Smart buyers use data, not fear, to make decisions A lot of buyers in North Texas and the DFW area are still waiting for the “perfect” rate… but waiting could mean paying more for the same home later. Yo
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Waiting for 3% interest rates to come back could cost you more than you think… 🏡📉 Read this ⬇️ Let’s talk numbers using Freddie Mac data: 1980s → 14% rates 1990s → around 10% Today → around 6% Here’s what that means 👇 ✔️ Rates move in cycles ✔️ Home values historically appreciate long-term ✔️ Smart buyers use data, not fear, to make decisions A lot of buyers in North Texas and the DFW area are still waiting for the “perfect” rate… but waiting could mean paying more for the same home later. Yo
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The Reserve Bank is expected to raise interest rates tomorrow. Inflation pressure has been mounting since July and along with high energy costs and resilient labour demand, the RBA is signalling an imminent rate hike to 4.6 per cent. While homeowners will be feeling the pain, the growing risk of a recession calls for more restraint with interest rates. #ratehike #interestrates #reservebank
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The Federal Reserve raised interest rates for the first time in more than three years. Fed Chairman Kevin Warsh said in a press conference on Wednesday the decision to raise rates was to return inflation to the reserve’s 2% target in a “timelier” way. #US #news #economy #FederalReserve #money
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