Interest Rates Are Going Up! Here's Why You HAVE To Buy RIGHT NOW!

257 views · Published 9 December 2016 · 3:35 · Indexed 25 October 2026

Channel: Matt Leighton · 2016 · News & Politics

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In this video, Arlington, VA real estate agent and Realtor Matt Leighton talks about the rising interest rates and how that should factor into your purchase. 

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Interest rates are finally going up. Lenders, agents, and the FED have all been saying they would go up for the past few years and it is now finally happening.

But does that mean you should go out and buy a house before rates rise even more? 

Matt says no! Don't buy just because rates are going up. If you have been thinking about buying for a long time and now is the *right* time, sure go for it. 

The best time to purchase real estate is when you are ready to hold on to it for 5-7 years (at least). Not when rates are going up, down, and sideways. That's just external noise. 

Focus on what's important to you. Your family, lifestyle, and well-being. If it just so happens that rates line up nicely with when you're looking to purchase, great! If not, don't sweat it. You're going to be living in your home for a long time. Buy for the right reasons.

Video location: Andrew Ellicott Park at the West Cornerstone - Arlington, VA
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Matt Leighton - Arlington VA Real Estate Agent
Licensed in VA and D.C.
Century 21 Redwood Realty
1934 Wilson Blvd
Arlington, VA 22201
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