With rising interest rates, home buyers often ask if they should wait to purchase a home or should they just take the plunge and buy a house. However, there is more to buying a home than just the interest rate. With market competition and other factors this can make a new home more or less affordable. But, the great news is that right now, many of those factors are in your favor, making today a great time to buy a home. Here is a breakdown of the difference between 2021 and 2022
Information and photo was provided by Mark Hedman
Homebridge Financial Services - Sales Manager, Mortgage Loan Originator
It’s clear that now is a good time to get started on your home ownership journey.
Keep in mind, if the rate falls (like it did after each of the past six recessions), you may have the
opportunity to refinance to a lower rate in the near future.
Let's get started on your home buying journey, contact me, Liza Alley and I would love to help you get that home you have been dreaming of. I will be with you every step of the way!!!
Posted by Liza Alley on
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