The Impact of Low Interest Rates on Home Buyers and Sellers

The Impact of Low Interest Rates on Home Buyers and Sellers

Now that mortgage interest rates are fairly low, it’s important that home buyers and sellers consider how rates could impact the sales process. Lower interest rates usually lead to an influx of buyers into the market, eager to purchase property. These buyers tend to be more drawn to a 30-year rather than a 15-year mortgage.…