Interest rates have been rising and it seems that the upward trend will continue into the future. The Federal Home Loan Mortgage Corporation (Freddie Mac) projects that the interest rate on a 30-year fixed home loan will grow to around 4.9% by the end of this year and to 5.4% by the end of 2019. Demand for housing still outpaces home supply and lowered unemployment rates along with a healthy economy keep the rising mortgage rates from chasing most home buyers out of the market. In June, homes in Skagit County were selling in about 32 days and fetching 100.5% of the seller’s average asking price, up .7% compared to June of last year.  Given what we are seeing in our market currently and where experts expect the rates to go, now might be the perfect time to make a move if you’re thinking of upsizing, downsizing, buying a vacation home or seeking to increase your portfolio with rental properties.  Call me today for a free evaluation of your home’s worth and/or to start your search!  360-391-1935