Erin Primrose | Real Estate Broker | Urban Properties Group, LLC | 424 NW 11th Ave | Portland, OR | 97209

503.317-8111 | Erin@ErinSellsPortland.com | www.ErinSellsPortland.com

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Homr nrronbnsttv is at an allme high. Low interest rates result in lower mortgage payments and more buying
power.
Homr rncrs are trending back upward. Condence has been restored in current and future homeowners. Now is
a great me to buy a home and start earning equity.
Srttrns nnr motvntrb. Many sellers have been ready to move on for years and have been anxiously awaing their
home to achieve posive equity. The me for many sellers was yesterday, and that makes for great movaon and
willingness to negoate.
FNnNcNc s nrnbtv nvntnstr. Financial instuons are eager to lend to wellqualied buyers. If needed, there
are currently many programs in place to assist with helping you achieve home ownership. If you would like a
lender referral, I have aligned myself with the best in the business and I would be happy to connect you based o
of your needs.
HomrowNrnsnr remains a crical step to nancial stability and wealth building. The tax deducon is outstanding
and your monthly housing payment is applied toward your future. Owning is increasingly favorable versus renng,
as the average principal and interest payment is sll well below rental rates in the Metro area.
WHY BUY NOW?
Changing interest rates have more eect on home aordability than rising home prices. A rate increase of 1% re
sults in a 10.75% reducon of purchasing power. The chart below displays the dierence a small increase can make
in your monthly payment.
INTEREST RATES & BUYING POWER
As this chart illustrates, current rates are sll at
historic lows making NOW the perfect me to
borrow money toward the purchase of a home.
HISTORICAL INTEREST RATES