![Homebuyer Guide to Rising Interest Rates in 2024 With Hero Loan Team Michelle Johnson & Realtor Linda Peltz](https://realtyusnews.com/wp-content/uploads/2024/05/micheile-henderson-lZ_4nPFKcV8-unsplash.jpg)
Homebuyer Guide to Rising Interest Rates in 2024 With Hero Loan Team Michelle Johnson & Realtor Linda Peltz
Interest rates in the US play a crucial role in the economy, influencing everything from mortgage rates to the cost of borrowing for businesses. Recently, the dynamics of these rates have undergone significant changes, making it essential for potential homebuyers and investors to stay informed. Let’s dive into video discussion with Linda Peltz realtor Clovis CA & Michelle Johnson from Hero Loan Team. They discussing what have been happening with interest rates, how it impacts the housing market, and what prospective buyers should consider.
https://youtu.be/qgqzh453l1s
The Recent Rise in Interest Rates
Interest rates have been on a noticeable climb since late 2022. This shift began with rates in the 2% to 3% range, which many buyers found highly attractive. However, as i...