Preparing For LBI Real Estate Market Interest Rate Increases

Dated: October 24 2021

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Preparing for LBI Real Estate Market Interest Rate Increases

Long Beach Island Real Estate

All buyerssellers, and current homeowners should begin planning for higher interest rates in the Long Beach Island real estate market. While nobody knows for sure what the future of interest rates will be, most experts in the industry agree that rates will increase over the next few months and years. While this in itself should not be the sole motivator to enter into an LBI real estate transaction, it should be considered in your short and long-term planning. With rates being so low at present, making a move in the current climate can make a lot of sense. There are a few options available to buyers, sellers, and homeowners that they may want to consider before rates increase. They are:

  • Buy a home now and take advantage of the current rates

  • Sell a home and upgrade or downsize

  • Refinance your current home on LBI and lock in a lower rate


www.BuyLBI.com


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Nathan Colmer

LBI Office 12800 Long Beach Blvd Beach Haven Terrace NJ 08008 I have lived on LBI my entire life and am actually the 4th generation in my family to do so. This have given me a deep knowledge base ....

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