December 4, 2015 Posted by Matt

Do you know the difference interest rates make on mortgage payments?  The good news is interest rates are significantly lower today than they were in the mid 80’s when they were double digits.  However, even a small increase in rates may drastically impact your budget.

On the heels of positive news from the U.S. Labor department, Reuters reported, “it is almost certain the Federal Reserve would raise interest rates in two weeks”.

Securing a mortgage now while rates are still low means you can get more house for your money.

Some Highlights about Interest Rates:

• Interest rates have come a long way in the last 30 years.
• The interest rate you secure directly impacts your monthly payment and the amount of house that you can afford.
• Experts predict that rates will increase by 3/4 a percent over the next 12 months.
• Secure a low rate now to get the most house for your money.

Are you considering real estate in Naples, FL?  Let me help you start down the path of owning your own piece of paradise.

View Single Family Homes for Sale in Naples, Florida:

• Less than $250,000
• $250,000 – $499,999
• $500,000 – $749,999
• $750,000 – $999,999
• $1,000,000 – $2,499,999
• $2,500,000 – $4,999,999
• $5,000,000 – $9,999,999
• More than $10,000,000

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