How Interest Rates Will Affect the Housing Market

Welcome to our video blog!

Today I wanted to talk to you about how interest rates affect the home market. We’ve been getting a lot of questions in lately about how rising rates will affect the buying market. There have been some dramatic increases!

Just a month ago, you could get a 30 year fixed mortgage for about 3.5%; today that same loan is at 4.65%. It’s not all bad news, though. Today’s interest rates are still historically low. That means there won’t be a steep price increase and interest rates will probably hover around 4.5%.

As a result of all of this, we are coming into a more normal and predictable market which will be helpful for buyers!

Thanks so much for your time! Please reach out to us if you have any questions!

For more information, click here:


  1. Interested in learning more about how to become a real estate agent or broker in your area? Then you might consider enrolling in Real Estate Express classes. He or she is the most well-known online institution that instructs obtaining a real estate agent or broker license.

  2. It's the job of a mortgage broker to be a lawyer in between a borrower and a lender. Before he submits the mortgage application, he makes sure that all of the borrowers' paperwork is in order and that it is correct. For a mortgage broker to get paid, the lender must give the loan to the person who wants it. Visit the Mortgage Intelligence website to find Mortgage Brokers Kawartha.