Willcuts Company Realtors, Newberg homes, Real Estate in Newberg, Newberg Real Estate, Realtors is Newberg, office, serving Portland and surrounding communities, Yamhill county and surrounding communites, Salem and Willamette Valley, real estate, realtors, investment properties, homes, properties, homes, realtors, county homes, yamhill county real estate, sherwood homes, properties, mcminnville real estate, newberg real estate, newberg investment properties, portland, lafayette, carlton, yamhill, salem, hopewell, amity real estate, mcminnville homes, newberg homes, amity homes, carlton homes, lafayette homes, hopewell homes, salem homes, sherwood homes, sherwood real estate, sherwood properties, tigard homes, Located in beautiful Yamhill county and offers over 100+ years of Real Estate experience. Our office is your primary source for all your real estate needs and questions. Willcuts Company Realtors is family owned and committed to providing a personal relationship throughout your home buying/selling experience and after closing. Call us today and one of our friendly qualified experts will be happy to provide you with a FREE Market Analysis of your home and answer any questions you may have about the current real estate market. WILLCUTS COMPANY REALTORS 700 DEBORAH ROAD, SUITE 200 NEWBERG, OREGON 97132 (503) 538-8311 Abbey Ridge (3 Listings) Arbor Station (1 Listings) Arrowhead Park (1 Listings) Bowlin Addition (2 Listings) Candlestick Park (1 Listings) Craftsman Landing (5 Listings) Dundee Orchards (1 Listings) easy commute to Sherwood & I-5 (1 Listings) Fenway Park (2 Listings) Grandhaven (2 Listings) GRAYSTONE (2 Listings) Haylen Meadows (6 Listings) Hillcrest Estates (2 Listings) Jaquith Park Estates (1 Listings) Lafayette Estates (1 Listings) Michelbook Meadows (2 Listings) Orchard Lair (15 Listings) OXBERG LAKE ESTATE (1 Listings) Pearl District (1 Listings) Private Setting (1 Listings) Prospect Park (1 Listings) River Point (11 Listings) SHERWOOD (1 Listings) SunnyCrest Point (13 Listings) The Ests Parrett Mtn (6 Listings) The Greens (17 Listings) The Vineyards (1 Listings) top of oak knoll-no HOA dues (1 Listings) Tualatin Village (1 Listings) walk to pool park (1 Listings) Walk to wine tasting (1 Listings) Willow Lake Estates (1 Listings) Wine Country R133 Rural (1 Listings) no one sells more real estate in Yamhill county, highest total sales, most listings sold highest total volume. wine country homes, wine country living, willamette valley homes, willamette valley real estate, oregon coast real estate, oregon coast homes,Ian McLeod
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Helpful Info > About interest rates    
A FEW POINTS ABOUT INTEREST RATES!!

Less is more

If you're new to investing or real estate and don't know the first thing about interest rates, here's a good tip: the higher the interest rate, the more expensive it's going to be. High interest rates mean you will have to pay back more on the money you borrow.  Of course, there will be a wide range of prices that you can choose from, depending on what kind of financing you choose..

Not even the Fed knows for sure

The Fed holds a considerable amount of power, but they can't control everything. Mortgage interest rates are affected by many unpredictable political, economic and social events. So there is no guarantee what direction interest rates will go, despite the forecasts of the experts. Therefore, make your financial decision based on where things are today including your budget, your needs and your future plans.

Locking in rates assures your lowest interest

If you do decide you want to lock in at a certain interest rate, you will need to complete a loan application and send it to your lender as soon as possible. This must be done so that your commitment doesn't runout before your loan is approved. Follow up and be se sure that the lender is receiving all of the necessary documentation. Get a property appraisal, which usually costs about $300, through your loan agent as soon as possible.

Don't obsess and miss a good real estate deal

Although rising interest rates can create more problems for home buyers, waiting and hoping for low rates is not necessarily a smart move. You may end up paying a higher price. Also, refinancing is always an option in the event that interest rates come down. 

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