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Higher Rates Mean Better Buying Power | Durham News
Mortgage rates hit a 12-month high at 6.58%, but don’t panic—higher rates aren’t all bad. While monthly payments climb just $8 on a $400K loan, the real win? Less competition. With buyers holding back, homes sit longer, giving you more negotiating power and fewer bidding wars. Prices matter more than rates, and if you’re ready to buy, you might actually have a stronger hand than before. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is an automated, high-level news summary based on public reporting.Report issues…
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