Homebuyers Beware

Will Rising Mortgage Rates Crush Your Dream?


🚨 **Homebuyers Beware: Will Rising Mortgage Rates Crush Your Dreams?** 🚨


Hey there, Future Homeowners! 🏠  

Time to talk about something serious: rising mortgage rates. 📈💸 Here’s what you NEED to know. 


📌 **November’s Rate Increase:**  

If the projected rate increase in November happens, we're looking at an 8% interest rate. Are you prepared? 🤔


💵 **Average Mortgage Payments:**  

We're already staring down an average mortgage payment of $2,300. If rates go up a quarter point, say hello to $2,500 or even $2,700! 😱


👨‍👩‍👧 **Income Requirements:**  

Got a family income of $100k? Rising rates might make homebuying unattainable. 😢


🏡 **Low Inventory:**  


With fewer resale options and falling prices, should you even put your house on the market right now? 🤷‍♀️