Changing The Game
Posted by Wei Min Tan on October 30, 2017
Publication: The Real Deal
Summary: Article about homebuyers’ reaction to increasing interest rates.
“Last week, we got an accepted offer, rates went up and we rushed to have the contract signed before [they] increased further,” said Wei Min Tan, a broker at Rutenberg Realty. “Abruptly rising rates brought urgency to buyers. While rates were low, there was less urgency because everyone assumed rates would continue to stay low.”