Housing Interest Rates Climbing Dramatically

According to Forbes.com and the Realtors Association, the government is going to raise interest rates on houses by an astounding percentage by the end of this year. What that means for us is;
If you’re thinking of buying a house, the faster the better!
The sooner you get into a home, the sooner you can lock in a low fixed mortgage rate. A larger amount of Millennials are reportedly renting homes or apartments rather than buying, so you might think ‘Oh, I’m renting. The interest rates only effects people who have houses.’ Sadly, that’s not true. 
Due to the expected rate at which interest will rise within the next two months, investors who own houses will have to pay more as well and that in turn means it costs you more money too.

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