Are you asking yourself "how much house can I afford?" Especially at this time, when interest rates are low. Do you wonder how much purchasing power (house buying muscle) you gain or lose when interest rates rise or drop by even 1%? The concept is fairly easy to understand, but let me explain the 1-10 RULE to you to help you make sense of it.
My name is Jan Roggeman, aka The Active Realtor, based out of Wilmington, North Carolina. Currently, interest rates are low, and market values are high. Will that be changing? If so, how will it affect your purchasing power?
If you have any other real estate questions, or if you need more clarity on the 1-10 RULE, please don't hesitate to reach out to me!