In today’s episode of the Stephen Cooley Real Estate Show, Stephen and Chris Salerno talk about the continued growth of Tega Cay and how interest rates are beginning to change.
Tega Cay began as a small subdivision around 40 years ago and today it stands as its own city in South Carolina with almost 10,000 residents. The name Tega Cay is Polynesian for ‘beautiful peninsula’, which is perfect because Tega Cay is surrounded by the beautiful waters of Lake Wylie. Tega Cay boasts restaurants, trails, parks as well as a beautiful golf course. Tega Cay is also apart of the Fort Mill School District which is nationally recognized in 2018 as the #2 School District in South Carolina! Interested in buying in Tegca Cay? Check out our Tega Cay Home Listings.
Stephen and Chris also discussed the changes that are coming as far as mortgage interest rates over the course of 2018. As of March, interest rates are at 4.4% and by the end of the year it is being predicted that they will be as high as 5%. This is a great time to lock in your mortgage rate before we start to see the rates increase by the end of 2018.
If you are interested in learning more about Tega Cay or buying a home there, please reach out to Chris Salerno.
Check out the full episode for more details: