Found 1 blog entry tagged as interest rates.

Rising Interest Rates: Here’s why now is the time to buy.

You or someone you know may have been thinking of buying a house but are a little hesitant because you have been hearing a lot about rising interest rates.

At our local Credit Union, the 5-year fixed rate has increased 3.9% in the last 22 months. Many buyers are saying “I want to buy, but I want to wait to buy a house until interest rates go down”, which I totally understand! If I wasn’t daily analyzing the market, I might agree with you.

The thing is, do you know what else has changed? There are no competing offers when buying a house and you can often negotiate a better deal and get below asking price.

We have a very stable real estate market in Manitoba, not to mention our…

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