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Mortgage Rates Continue to Rise

Inflation and interest rates are top of mind for many. Now is the time to buy!

Interest rates rose again, and they are forecasted to increase several times this year. “Mortgage rates jumped again due to high inflation. The 30-year fixed rate mortgage is nearing four percent, reaching highs we have not seen since May 2019” (Feddie Mac, 02/2022). What does this mean for you?

Higher Interest Rates = Your Buying Power Decreasing

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