For about the past ten years, historically low interest rates have allowed many of us to finance the purchase of big ticket items, like a home, more easily. Now that rates are much higher than they were a year ago, it’s commensurately more expensive to borrow. If this is something that’s on your mind, you’re not alone. Many people struggle with the decision of when to purchase a home – especially if monthly mortgage payments will represent a larger percentage of their income. If this is something you’d like to discuss with us, let’s set up a time to chat: http://valuemonitoring.com/welcome/
https://www.wsj.com/personal-finance/interest-rate-hikes-consumer-debt-d2b74401