Why I believe people don’t need to be so concerned about interest rates.
My hot take today is that you don’t need to worry about interest rates—have you heard anyone say anything like that lately? In my opinion, it all depends on where you want to move to.
There are a lot of people out there thinking the world is going to end because of all the scary headlines and things. However, I’m here to tell you that you don’t need to be so freaked out. We had 5% interest rates about five years ago, but for some reason, so many people have forgotten about that. What truly matters is your payment and where you want to live.
If you want to live in Cheyenne, Wyoming, you should know that real estate tax is still extremely low—less than 1%. Plus, we don’t have transfer or state taxes. Therefore, if the payment works for you, don’t worry about the interest rate. This is a wonderful place to live for several reasons, so focus on that! If you need help moving to this area or have any questions, don’t hesitate to call or email me anytime, I’d love to hear from you.
