Home Buying Power Decreasing

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Interest rates continue to be unpredictable and in the past week we have seen them increase .250%.  Over a 60 day period the buying power has decreased by $30,000!! So what does this mean to our buying Diva Dwellers? It means that those investors we have met recently waiting for the perfect moment to buy have lost out. Personally we would not wait any longer and would take advantage of the low rates and traditionally slow/low December to snatch the remaining deals.