purchasing power

The Purchasing Power of Chinese Investors In the U.S. Housing Market

Chinese purchasing power in US housing market

Over the last 5 years, the Chinese have invested over $150 billion into the US housing market - $28.6 billion in 2015 alone. Currently one of the largest foreign homebuyers, the immense Chinese buying interested has helped the recovery of the US housing market.

 

How Changing Mortgage Rates Can Affect You

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The 30-year fixed mortgage rate has been bouncing between 6% and 7% this year.

The Impact of Changing Mortgage Rates

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Some Highlights

  • If you’re looking to buy a home, you should know even a small change in mortgage rates has an impact on your purchasing power.
  • These charts show how rates generally affect your monthly payment.
  • The best way to navigate changing mortgage rates and make an informed buying decision is to rely on the expertise of a local real estate professional and mortgage
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