Interest Rates are RISING!

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It seems interest rates nationwide and in Maine are rising with the Federal Reserve also signaling more increases may be in the near future. This means that a mortgage payment may cost you more the longer you wait to buy a house. When your mortgage payment is higher, you typically can only afford to buy less of a home. When this is combined with the shrinking availability of decent homes at a decent price, THIS SPRING MIGHT BE A GOOD TIME TO BUY! Don’t wait or you may be priced out of the market for a long time to come…