Interest Rates

The concern about when interest rates will go up continues to concern buyers.  Last month interest rates did move up, buy (I believe they are now in the low 4% range), mind and it was a wake up call for some buyers.  We all know that that the interest rates couldn’t remain this low forever, right??  I was talking to one of the loan officers at Wells Fargo last week, and he feels that the rates will stabilize for right now.  We’ll see!

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