Increase Your Home Buying Power
Posted by Chris Kaufmann at 8/12/2011 
Categories: Financing Options, Real Estate Market
Tags: interest rates quad cities real estate John Cook Valley Bank
Categories: Financing Options, Real Estate Market
Tags: interest rates quad cities real estate John Cook Valley Bank
Since I've been selling real estate in the Quad Cities interest rates have always been good, historically speaking of coarse. In 2003 rates were somewhere in the neighborhood of 6-7%. A few short years later the rates dipped down into the 5's and even 4's. For over a decade now purchasers have had access to phenomenal interest rates and I think buyers today are starting to take these rates for granted. After all, it wont be long before these rates climb back up to 6 and even 7% range. So with our recent dip in rates I wanted to pass along this comparison chart provided to me by John Cook at Valley Bank, the results of a purchasers buying power in todays market. If you've been sitting on the fence, NOW IS THE TIME TO BUY!
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