Looking Home After Research Of Sales Price
                     HOW RISING INTEREST
RATES CAN IMPACT YOUR 
HOMEBUYING POWER
Learn how higher interest rates can affect your ability to buy a 
Issaquah real estate home as we discuss the correlation between 
rates and home buying decisions. 
HOW INTEREST 
RATES AFFECT 
MORTGAGE 
PAYMENTS
Let’s say you’re considering a 
30-year, $300,000 mortgage at 
a fixed interest rate of 4% in 
the Issaquah real estate 
market. 
HOW HIGHER
INTEREST RATES 
IMPACT HOME 
AFFORDABILITY
• Increased mortgage 
payments.
• Reduced purchasing power.
• The increased cost of living.
• Decreased demand for 
housing.
• Increased supply of housing
HOW HIGHER
INTEREST RATES 
AFFECT LOAN 
ELIGIBILITY
• Higher credit score 
requirements.
• Stricter debt-to-income ratio 
requirements.
• Reduced loan amounts.
• Increased down payment 
requirements.
• Longer approval process
THE IMPACT 
ON THE REAL ESTATE 
HOUSING MARKET
• Reduced demand for housing.
• Increased inventory.
• Slower construction.
• Decreased home equity.
STRATEGIES FOR
DEALING WITH HIGHER INTEREST RATES
Higher interest rates can cause financial 
problems for everyone involved. If you’re 
considering refinancing or paying off 
debt, knowing how to handle higher 
interest rates is essential to avoid falling 
into debt again. Fortunately, here are 
three strategies to help you best use 
higher interest rates.
• Income
EVALUATING YOUR • Debt
FINANCIAL 
•
SITUATION Credit score• Savings
• Monthly budget
• Plans
ADJUSTING • Lower your expectations.
• Increase your down 
YOUR HOME payment.
• Consider an adjustable-
BUYING rate mortgage.
STRATEGY • Shop around for lenders.
• Be patient.
• Consider a shorter loan 
term.
• Get pre-approved.
SEEKING
GUIDANCE FROM 
EXPERTS
• Mortgage lenders
• Financial advisors
• Real estate agents
• Housing counselors
• Home inspectors
THANK YOU
Remember that buying a home is a big 
investment, and you need to think carefully about 
your personal and financial goals before you buy.