A lot of buyers are still saying the same thing right now:
“I’m just going to wait until rates come down.”
But history shows mortgage rates have spent plenty of time well above today’s level.
So the real question is not just,
“Will rates drop?”
It is also,
“What happens to prices while I wait?”
Because if rates fall and more buyers rush back in, that same home may cost more later even if the interest rate looks better. That’s the part buyers need to look at carefully. This is an inference based on how lower rates can improve affordability and bring more demand into the market.
Comment or DM me ‘GUIDE’ and I’ll show you the difference between buying now vs waiting for lower rates based on your numbers.
—-Richard Sarey, your go-to mortgage broker in Frisco TX
#MortgageTips #HomeBuyingStrategy #MortgageAdvice #MortgageEducation #Frisco TXmortgagelender
