My Thoughts on the Park City Real Estate Market, August 2018

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1 Comment

  1. Georgi Gold

    Hello, Nancy!
    From a financial point of view buyers and seller may want to consider the impact on housing prices when the Federal Reserve moves on its commitment to bumping up interest rates another 3-4 times in the near future.

    Of notable concern are the repercussions to homeowners with adjustable rate mortgages (ARMs). will face. Those homeowner may find that now is the time to list and sell if interest rate hikes will affect the affordability of their current mortgage.

    While the Fed may redact their commitment to interest rate hikes, homeowners must take heed.

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