The High Impact of Interest Rates on Your Buying Power

Real Estate Salem Oregon Quinn Burke Harvey Realty Group

According to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 3.96%, which is still near record lows in comparison to recent history. The interest rate you secure when buying a home not only greatly impacts your monthly housing costs, but also impacts your purchasing power. Purchasing power, simply put, is…

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The Home Buying Roadmap

Salem Oregon Real Estate Agent Broker Home Buying Steps Harvey Realty Group

  Start with an Agent and Loan Pre-Approval The first step in the home buying process is to find an agent that you trust, someone who you are confident can guide you through the entire process with your best interest as their focus. Your agent can give you some recommendations on lenders and suggestions for…

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