Do High Interest Rates Mean I Can’t Buy A Home?

A commonly asked question. Most people can buy a home, regardless of where the current rates are. Interest rates are just one of several factors that determine your ability to purchase a home. ​​​​​​​​
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To quantify how they affect your purchasing power, as rates increase, a buyers purchasing power decreases. The same holds true when rates drop, it means that buyers can move up in price-point. ​​​​​​​​
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Please reach out if you have any specific questions relating to your circumstances. I love talking about this stuff!!​​​​​​​​

If you’re thinking about buying or selling real estate in California send me an email or call (559) 905-0910.