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The Truth About How Increased Interest Rates Affects Buying Power


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From January 2022 to June 2022, the interest rate has increased from 3.5% to. 5.5%. In this episode, we break down how a rising interest rate affects your buying power to purchase a home. And, to put things in perspective, how high is "high"? We also discuss how high the interest rate actually is compared to the previous years. And there's one thing about a higher interest rate that most people don't talk about that is a GOOD thing tax-wise.
Have real estate questions you want answers to? Send your questions to [email protected] for a chance for them to be answered on the podcast.
For more info on Jameen and Nicci Willis, visit https://www.thewillisteamlv.com/​​​​​
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Ask JameenBy Jameen Willis

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