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A recent rise in mortgage rates hitting some potential homebuyers second thoughts.
The thirty year fixed rate up from historic low of 3.3 five in May to four point 46 in late June.
But we -- a handful of homes with prices that -- surely ease your worries Michael Corbett is real estate expert and the author of find it fix it.
Flip it good morning Michael.
Good morning Peter you know -- absolutely right according to the latest -- trends report.
Of all new homebuyers think that rising interest rates are going to be the road -- of their home ownership right now.
That's a significant change in attitude well let's see if they should be using steer us right let's look at mobile.
And our first home tells about that.
Our first warnings about a 175000.
Dollars three bedrooms two baths 16100.
This house is really charming it's it's a beautiful home with a wonderful columns in it.
Take a look at this it's got built ins but no -- and it's -- -- it old wooden deck with a hot tub it's got a big fenced in backyard.
It's really a beautiful house and your interest rate on this and your monthly mortgage payment including taxes and insurance would be about 850.
Dollars a month three events to bring about safety net for -- -- that are not good look an ounce okay.
-- the other two hole number two in Gainsville Georgia tells -- that.
This is a 185004.
Two and a Half -- has about 16100 square feet also it's got a wonderful wrap around deck.
This what's really adorable it's got a two story living room.
Because it actually is a two floor house and this one if you were to pay your mortgage payment and interest and taxes is about.
B seven dollars a month another mess around and -- now as we finish this up in Newark Texas give us the last one.
This what I love this property is a 187903.
Bedrooms two would have been as about 2400.
Big open floor plan this is a property that's got some really -- High ceilings it's got a beautiful study in the master bedroom it's.
Very very well Don and about 815.
Dollars on -- Michael Gorman -- monthly pay love -- thank you for sharing this with the we'll see you soon.
You got it okay.
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