Once again, the Taylor Stucki Realty Group is watching the international markets for indications about how events taking place in China will affect the interest rate in the United States.  

By now you’ve heard the news about the lending freeze initiated by China’s government.  But you may not know why it’s happening or how it’s going to affect you.

For a bit of history on this situation, we recommend reading this article from the Washington Post.  You can find it HERE.

As for how this affects the United States interest rate…  China is one of the biggest investors in the US economy.  With restrictions on lending, buying and selling between the two economies becomes sluggish and slows.  This will slow the US market considerably.  And that, in turn, will have an effect on the interest rate making it harder to qualify for and get credit.  

Even though this is a calculated move on the part of the Chinese government, it has repercussions all over the world.  Not the least of which is here in the United States.

Combined with the FED easing up on their efforts to encourage growth, get ready to see the rate climb rather dramatically.

If I’ve said it once, I’ve said it 1,000 times…  Now’s the time to do your shopping.  Don’t get caught with an interest rate you can’t afford.  This is the moment you’ve been waiting for and the home of your dreams is out there right now waiting for you to move in.

Contact the Taylor Stucki Realty Group today and let us help you make your dreams come true before time runs out!  It’s your life and you should live it in a home of your own!   Buy today!