Janet Yellen Says Fed Is Likely to Raise Interest Rates This Month
Could interest rates really be rising this time?
It looks likely. Most people think of how this will effect buyers. And it can certainly have an impact on how much their mortgage payments could increase.
This Effects Sellers Too
Many people don’t necessarily think of the impact it could also have on sellers. I’m not just talking about how much a buyer is willing to pay if it will cost them more monthly. Sellers should consider the effect of interest rates when they’re deciding when to put their house on the market. Sooner can be better than later.
See the full article here: NY Times Economy article 3/
Source: NY Times | REUTERS. Photo by Charles Rex Arbogast/Associated Press.3/17