Interest Rates for East Bay Homes May Be Creeping Up!

Based on the latest economic reports there is some expectation that interest rates will be trending up in the near future. This is a good sign for the economy but a mixed blessing for people looking to buy. We have many people actively looking in Danville, Alamo, and San Ramon and just a 1/4 point higher interest rate will cause them to look at lower priced homes. Take a look at the following video to see what is driving the expectations of higher rates and when we may see them start up.