The Buyer's Guide: The Impact of +1% in Mortgage Rates

/

Interest rates are the highest they've been in seven years, and are forecasted to continue to increase. So what? Big deal. Just a few points can't make that big of a difference ... right? Let's find out, using real numbers based on the current San Diego market. Watch below as I review how much of an impact just a 1% increase in mortgage rates can have on your monthly payments throughout the life of your loan. 

 
Featured
The Buyer's Guide: Lead Time Update on a California Insurance Quote
The Buyer's Guide: Lead Time Update on a California Insurance Quote

With a lot of insurance companies opting out of …

MK Life Tips: Mold vs. Mildew
MK Life Tips: Mold vs. Mildew

If you live in San Diego, especially near the coast …

Real Estate Tips: What's the Mansion Tax in San Diego?
Real Estate Tips: What's the Mansion Tax in San Diego?

If you follow along with the San Diego real estate market …

Real Estate Tips: An Explanation of the NAR Settlement
Real Estate Tips: An Explanation of the NAR Settlement

Since misinformation has been publicized in the media over …

The Buyer's Guide: Flippers Must Disclose Renovations as of July 2024
The Buyer's Guide: Flippers Must Disclose Renovations as of July 2024

Here in San Diego, homes flipped by investors who used financing …

The Buyer's Guide: What Does a Buyer's Agent Do?
The Buyer's Guide: What Does a Buyer's Agent Do?

With the latest N.A.R (National Association of Realtors) lawsuit …