You've heard about interest rates a lot lately, but why do they matter to you? Watch and find out! Whether you are a buyer or a seller, interest rates matter in real estate. As a buyer, they will impact how much you pay every month for your dream home. As a seller, they will impact how many buyers can afford to purchase your home. A .5% change can cost approx $140 a month on a $500k mortgage. Over the course of the loan that's a simple $50,000! This is before we factor in opportunity costs. Either way, interest rates matter!
Intro to short term rentals (VLOG)