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I'M Onyi Silmon

My purpose as a luxury real estate agent is to help you build a legacy which speaks to who are you.

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How Interest Rates Affect You When Buying A Home

Published December 28th, 2018 by Unknown

Interest is on the rise. While a lot of people fear this, economists say this is a sign of a robust economy. You are probably saying right now, “Onyi easy for you to say rising interest means higher monthly payments for me”

I understand whole heartily this concern. If the government does not raise interest rates to coincide with the economy the next thing we all will be dealing with is inflation.

Learn the tricks to have buyers vying to buy your home NOW!

I don’t know about you but if I have to choose between inflation and rising interest. I choose rising interest every day of the week and twice on Sunday! Inflation will affect all goods and services rather than just those we use the bank to purchase.

I know rising interest is a concern for you and I talk about it in this video. Focusing on interest rates is futile. Unless you are going to fly to Washington and tap Chairman Powell on the shoulder and convince him not to pull the trigger on rates. It does you no good to worry about it!

I speak of the two things you can direct your attention to which will truly help you decide whether to buy now or later. All this will ensure you are doing everything possible when you get ready to buy to get the most bang for your buck.


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