Interest Rate Chart

chart

As I’m sure you know, interest rates are slowly climbing  back up.  This chart shows that last quarter we were generally at 3.68%.  Currently I have seen rates at 4.35%.  This is not necessarily a bad thing for our market.  If rates get higher as the year goes on, it is likely to even out the market a bit more.  Our current market is still very much a Sellers market, but with limited inventory this creates a lot of frustration for buyers.

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