Mortgage interest rates are up across the Portland metro area and across the country.
Will that impact home appraisals? Not directly. Appraisers look at the purchase and sale price, not the loan terms. A caveat: rates can impact the market and appraisers will consider general market conditions when estimating the home's value.
Do you have concerns about appraisals in today's market? Call or text 503 381 5161 to discuss it further.
