[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f3dhpv2sju8mef":3,"$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},741,"how-low-interest-rates-increase-your-purchasing-power","How 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\">Primary Mortgage Market Survey\u003C\u002Fa>\u003Cem>,\u003C\u002Fem> interest rates for a 30-year fixed rate mortgage are currently at 4.09%, which is still very low in comparison to recent history!","","blog","https:\u002F\u002Fsimplifyingmedia\u002Fwp-content\u002Fuploads\u002F2017\u002F01\u002F20165513\u002F20170124-STM-Share.jpg","According to \u003Cem>Freddie Mac’s\u003C\u002Fem> latest \u003Ca href=\"http:\u002F\u002Fwww.freddiemac.com\u002Fpmms\u002Fpmms_archives.html\">Primary Mortgage Market Survey\u003C\u002Fa>\u003Cem>,\u003C\u002Fem> interest rates for a 30-year fixed rate mortgage are currently at 4.09%, which is still very low in comparison to recent history!\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\u002F2017\u002F01\u002F20170124-STM-ENG.jpg\">\u003Cimg class=\"alignnone wp-image-34897\" src=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2017\u002F01\u002F20170124-STM-ENG.jpg\" alt=\"How 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 5% by this time next year.\r\n\u003Ch4>\u003Cstrong>Act now to get the most house for your hard-earned money.\u003C\u002Fstrong>\u003C\u002Fh4>","According to \u003Cem>Freddie Mac’s\u003C\u002Fem> latest \u003Ca href=\"http:\u002F\u002Fwww.freddiemac.com\u002Fpmms\u002Fpmms_archives.html\">Primary Mortgage Market Survey\u003C\u002Fa>\u003Cem>,\u003C\u002Fem> interest rates for a 30-year fixed rate mortgage are currently at 4.09%, which is still very low in comparison to recent history!\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\u002F2017\u002F01\u002F20170124-STM-ENG.jpg\">\u003Cimg class=\"alignnone wp-image-34897\" src=\"http:\u002F\u002Fwww.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2017\u002F01\u002F20170124-STM-ENG.jpg\" alt=\"How 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 5% by this time next year.\r\n\u003Ch4>\u003Cstrong>Act now to get the most house for your hard-earned money.\u003C\u002Fstrong>\u003C\u002Fh4>","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2017\u002F01\u002F20170124-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","2017-01-24T10:00:53Z","2017-01-20T17:13:07Z",{"id":36,"slug":37,"title":38,"featuredImage":39,"publishedAt":40,"contentType":10,"isVideo":15},740,"have-you-saved-enough-for-closing-costs","Have You Saved Enough for Closing Costs?","https:\u002F\u002Fsimplifyingmedia\u002Fwp-content\u002Fuploads\u002F2017\u002F01\u002F20163447\u002F20170123-STM-Share.jpg","2017-01-23T10:00:23Z",{"id":42,"slug":43,"title":44,"featuredImage":45,"publishedAt":46,"contentType":10,"isVideo":15},742,"buying-a-home-is-more-affordable-than-renting-in-66-of-us-counties","Buying a Home is More Affordable Than Renting in 66% of US Counties","https:\u002F\u002Fsimplifyingmedia\u002Fwp-content\u002Fuploads\u002F2017\u002F01\u002F23144147\u002F20170125-Share-STM.jpg","2017-01-25T10:00:23Z",{"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"]