Is a 7% interest rate really the dealbreaker everyone makes it out to be? 🏠👇
Here’s the reality: every $1,000 borrowed at 7% only adds about $6.40 to your monthly payment. That’s less than your daily coffee run! ☕💡
When interest rates are higher, fewer buyers are out competing for homes. That means less bidding wars, fewer headaches, and a better chance at landing the house you actually want.
And remember: You marry the house, you date the rate. If rates drop down the road, you can always refinance—but you can’t buy back the house you missed out on because someone else snagged it!
Got questions about what your monthly numbers would actually look like? Drop a comment or send me a DM! 💬📩
Message me your real estate questions below for next week’s #Q and A Monday!
📱 Rich Dallas: (412) 965-6387
📱 Sharon Fincham: (724) 344-9776
🌐 DallasFinchamRealEstate.com
#RealEstateTips #HomeBuying101 #FirstTimeHomeBuyer #RealEstateExplained #BuyingAHouse #QandAMonday
Rich Dallas/Sharon Fincham
Cell (R) 412-965-6387 / (S) 724-344-9776
(o) 724-941-3340
The Dallas-Fincham Team with Berkshire Hathaway HomeServices
Rich@DallasFinchamTeam.com / Sharon@DallasFinchamTeam.com
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