Real estate survival tips for interest-rate rollercoaster

If you have never experienced a market where interest rates are climbing steadily, hold onto your hat--you may be in for a wild ride.

October 2005 saw record national home sales numbers. Rather than being encouraged by this, many experts believe this surge is due to buyers purchasing prior to additional interest rate increases. With each interest rate increase, there is a reduction in the number of buyers who can afford to purchase property. The Federal Reserve is expected to continue to raise interest rates during 2006.

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