Highest Interest Rates in Four Years, Now at 4.38

Interest Rates are now as high as they were in 2014.

After infusing money into the markets since 2008, the Federal Reserve Board evidently believes that their policies may have pushed asset prices to dangerously high levels – which they are now trying to “little by little” deflate without causing a crash.

In addition to inflation fears, the Federal Reserve Board have scheduled 3 to 4 more rate hikes for this year, which will put even more upward pressure on rates.

The chart below shows that mortgage rates have recently shot up to their highest level in almost four years. As interest rates continue to rise, the amount that buyers can afford falls, as does the demand for housing.

 

Success Stories

‘He has been there anytime I needed him and I know if I need him again he would be there too. Brad gave 100% from the first time he called me till the sale was done.’

-Jim V.

‘We really felt like Brad was on our side throughout the transaction and knew how to navigate the process calmly and effectively’

-Curt and Kim C

‘If you are skeptical on a realtor look no further. You will get what you want and when you want it with Brad. His knowledge on this market is second to none. The most unusual thing about this transaction is his exceptional follow up thru out the entire process, and even after we’ve moved in and got settled. He is one of a kind in this market and this profession’

-Scott & Allison T.

‘Thanks to Brad Brinkman and his team we now have a beautiful new home and a great investment into our future.’

-Ryan & Amanda F.

‘He found my house for me when others could not, in a location that I thought would be impossible. His aggressiveness has given me the opportunity to live in a fantastic place.’

-Trace H., Pilot Hawaiian Airlines., U.S. Navy Pilot

‘You made it easy for us to make this move into our new home because you took on all the worries, handling our transaction with skill and expertise. Specifically we were impressed with your approach to business, treating each and every customer as you treated us; as though we were your most important clients’

-Marcie V.

‘He made each transaction very smooth and it was great peace of mind knowing I could count on him.’

-Rebecca W.