With so much uncertainty in the housing market, many buyers are waiting for real estate prices to drop further in Tallahassee. But, prices are not the only driver of your monthly housing cost. Mortgage rates are just as important. And right now rates are lower than at any time since 1971.
Check out "This Month In Real Estate" from The Keenan Team and Keller Williams Realty which shows how even if prices drop further, a mortgage rate increase can wipe out your savings.
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