Home Buying in Charleston>Question Details

Doug Holmes, Real Estate Pro in Charleston, SC

How much will a 1% change in interest rates affect your purchasing power? Just want to see how many know the correct answer.

Asked by Doug Holmes, Charleston, SC Wed Oct 20, 2010

Help the community by answering this question:


I would say Brenda is right on the money. Here's an article you might enjoy reading that deals with the very situation you've described:


It's good for Buyers who might be waiting (and their agents) to see how an increase in interest rates could affect them. Thanks for asking this question.

Warm regards,
Maggie Hawk, REALTOR
Watson Realty Corp.
0 votes Thank Flag Link Wed Oct 20, 2010
About 12.5% of your buying power.
0 votes Thank Flag Link Wed Oct 20, 2010
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