[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f9nd62skpcbup":3,"$ffeh0925h8cuz":47,"$fbwk2pqjjqsc7":51},{"item":4,"previous":35,"next":41},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":14,"isInfographic":15,"categories":16,"isVideo":15,"videoThumbnail":9,"videoSource":9,"publishedAt":33,"updatedAt":34},671,"how-historically-low-interest-rates-increase-your-purchasing-power","How Historically Low Interest Rates Increase Your Purchasing Power","According to \u003Cem>Freddie Mac’s\u003C\u002Fem> latest \u003Ca href=\"http:\u002F\u002Fwww.freddiemac.com\u002Fpmms\u002Fpmms_archives.html\">\u003Cem>Primary Mortgage Market Survey\u003C\u002Fem>\u003C\u002Fa>\u003Cem>,\u003C\u002Fem> interest rates for a 30-year fixed rate mortgage are currently at 3.47%. Rates have remained at or below 3.5% each of the last 16 weeks, marking a historic low.","","blog","https:\u002F\u002Fsimplifyingmedia\u002Fwp-content\u002Fuploads\u002F2016\u002F10\u002F01161037\u002F20161018-Share-STM.jpg","According to \u003Cem>Freddie Mac’s\u003C\u002Fem> latest \u003Ca href=\"http:\u002F\u002Fwww.freddiemac.com\u002Fpmms\u002Fpmms_archives.html\">\u003Cem>Primary Mortgage Market Survey\u003C\u002Fem>\u003C\u002Fa>\u003Cem>,\u003C\u002Fem> interest rates for a 30-year fixed rate mortgage are currently at 3.47%. Rates have remained at or below 3.5% each of the last 16 weeks, marking a historic low.\u003C!--more-->\r\n\r\nThe interest rate you secure when buying a home not only greatly impacts your monthly housing costs, but also impacts your purchasing power.\r\n\r\nPurchasing power, simply put, is the amount of home you can afford to buy for the budget you have available to spend. As rates increase, the price of the house you can afford will decrease if you plan to stay within a certain monthly housing budget.\r\n\r\nThe chart below shows what impact rising interest rates would have if you planned to purchase a home within the national median price range, and planned to keep your principal and interest payments at or about $1,100 a month.\r\n\r\n\u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2016\u002F10\u002F20161018-STM-ENG.jpg\">\u003Cimg class=\"alignnone wp-image-34383\" src=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2016\u002F10\u002F20161018-STM-ENG.jpg\" alt=\"How Historically Low Interest Rates Increase Your Purchasing Power | Simplifying The Market\" width=\"650\" height=\"488\" \u002F>\u003C\u002Fa>\r\n\r\nWith each quarter of a percent increase in interest rate, the value of the home you can afford decreases by 2.5%, (in this example, $6,250). Experts predict that mortgage rates will be closer to 4% by this time next year.\r\n\r\nAct now to get the most house for your hard earned money.","According to \u003Cem>Freddie Mac’s\u003C\u002Fem> latest \u003Ca href=\"http:\u002F\u002Fwww.freddiemac.com\u002Fpmms\u002Fpmms_archives.html\">\u003Cem>Primary Mortgage Market Survey\u003C\u002Fem>\u003C\u002Fa>\u003Cem>,\u003C\u002Fem> interest rates for a 30-year fixed rate mortgage are currently at 3.47%. Rates have remained at or below 3.5% each of the last 16 weeks, marking a historic low.\u003C!--more-->\r\n\r\nThe interest rate you secure when buying a home not only greatly impacts your monthly housing costs, but also impacts your purchasing power.\r\n\r\nPurchasing power, simply put, is the amount of home you can afford to buy for the budget you have available to spend. As rates increase, the price of the house you can afford will decrease if you plan to stay within a certain monthly housing budget.\r\n\r\nThe chart below shows what impact rising interest rates would have if you planned to purchase a home within the national median price range, and planned to keep your principal and interest payments at or about $1,100 a month.\r\n\r\n\u003Ca href=\"http:\u002F\u002Fwww.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2016\u002F10\u002F20161018-STM-ENG.jpg\">\u003Cimg class=\"alignnone wp-image-34383\" src=\"http:\u002F\u002Fwww.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2016\u002F10\u002F20161018-STM-ENG.jpg\" alt=\"How Historically Low Interest Rates Increase Your Purchasing Power | Simplifying The Market\" width=\"650\" height=\"488\" \u002F>\u003C\u002Fa>\r\n\r\nWith each quarter of a percent increase in interest rate, the value of the home you can afford decreases by 2.5%, (in this example, $6,250). Experts predict that mortgage rates will be closer to 4% by this time next year.\r\n\r\nAct now to get the most house for your hard earned money.","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2016\u002F10\u002F20161018-STM-ENG.jpg",false,[17,21,25,29],{"id":18,"name":19,"slug":20},5,"For Buyers","buyers",{"id":22,"name":23,"slug":24},11,"First-Time Buyers","first-time-buyers",{"id":26,"name":27,"slug":28},35,"Mortgage Rates","mortgage-rates",{"id":30,"name":31,"slug":32},38,"Move-Up","move-up","2016-10-18T10:00:48Z","2016-10-19T10:01:59Z",{"id":36,"slug":37,"title":38,"featuredImage":39,"publishedAt":40,"contentType":10,"isVideo":15},670,"dont-disqualify-yourself-over-half-of-all-loans-approved-have-a-fico-score-under-750","Don’t Disqualify Yourself… Over Half of All Loans Approved Have a FICO® Score Under 750","https:\u002F\u002Fsimplifyingmedia\u002Fwp-content\u002Fuploads\u002F2016\u002F10\u002F01161039\u002F20161017-Share-STM.jpg","2016-10-17T10:00:54Z",{"id":42,"slug":43,"title":44,"featuredImage":45,"publishedAt":46,"contentType":10,"isVideo":15},672,"starting-to-look-for-a-home-know-what-you-want-vs-what-you-need","Starting to Look for a Home? Know What You WANT vs. What You NEED","https:\u002F\u002Fsimplifyingmedia\u002Fwp-content\u002Fuploads\u002F2016\u002F10\u002F01161038\u002F20161019-Share-STM.jpg","2016-10-19T10:00:08Z",{"cover":48,"open":49,"shareSpread":50},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Magazine-original.png",[52,56,57,61,65,69,73,74,78,79,80,84,88,92,96,100,104,108,112,116,120,124,128,132,136,140,144,148,152,156],{"id":53,"name":54,"slug":55},1,"Uncategorized","uncategorized",{"id":18,"name":19,"slug":20},{"id":58,"name":59,"slug":60},6,"For Sellers","sellers",{"id":62,"name":63,"slug":64},7,"Foreclosures","foreclosures",{"id":66,"name":67,"slug":68},8,"Infographics","infographics",{"id":70,"name":71,"slug":72},9,"Home Prices","home-prices",{"id":22,"name":23,"slug":24},{"id":75,"name":76,"slug":77},34,"Senior Market","senior-market",{"id":26,"name":27,"slug":28},{"id":30,"name":31,"slug":32},{"id":81,"name":82,"slug":83},41,"For Sale by Owner","for-sale-by-owner",{"id":85,"name":86,"slug":87},42,"Featured","featured",{"id":89,"name":90,"slug":91},45,"New Construction","new-construction",{"id":93,"name":94,"slug":95},52,"Luxury \u002F Vacation","luxury--vacation",{"id":97,"name":98,"slug":99},53,"Rent vs. Buy","rent-vs-buy",{"id":101,"name":102,"slug":103},80,"Time-sensitive","time-sensitive",{"id":105,"name":106,"slug":107},81,"Outdated","outdated",{"id":109,"name":110,"slug":111},147,"Internal","internal",{"id":113,"name":114,"slug":115},148,"Do Not Autopost","do-not-autopost",{"id":117,"name":118,"slug":119},320,"Inventory","inventory",{"id":121,"name":122,"slug":123},321,"Agent Value","agent-value",{"id":125,"name":126,"slug":127},322,"Affordability","affordability",{"id":129,"name":130,"slug":131},323,"Buying Tips","buying-tips",{"id":133,"name":134,"slug":135},324,"Downsize","downsize",{"id":137,"name":138,"slug":139},325,"Economy","economy",{"id":141,"name":142,"slug":143},326,"Equity","equity",{"id":145,"name":146,"slug":147},327,"Forecasts","forecasts",{"id":149,"name":150,"slug":151},328,"Selling Tips","selling-tips",{"id":153,"name":154,"slug":155},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":157,"name":158,"slug":159},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]