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In this podcast we discuss everything Grand Forks Real Estate. Topics vary from buying a home for the first time, to staging a home to sell, to Real Estate Industry secrets, Real Estate investing and more!
Episodes
Monday Jan 10, 2022
Monday Jan 10, 2022
0:00 intro
3:24 How much does a 1% increase in interest rates decrease buying power?
4:22 how much home can you buy with a $1,500 P&I payment at 3%, 3.5% and 4% interest rate
4:44 Will prices drop in proportion to the rise in interest rates?
6:25 Should you buy now while rates are low or wait hoping that prices will drop?
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