As rates have been inching higher, buyers and lenders have been adapting their strategies to help make mortgage payments more manageable.
In this video, I review a few strategies for getting the best rate and a payment that works for your budget.
The good news is that last month we saw a slight drop in rates, however, it’s impossible to know with certainty where home prices or mortgage rates will be in the coming months. Unfortunately, there is no way to time the market, but investing in a home to call yours is always a good option. Friendly reminder: when the time is right for you to purchase a home, purchase a home. Don’t let scary headlines or peer pressure influence that. Instead, buy a home when you can afford the payments, regardless of interest rates and home prices.
Want to run the numbers to see what you can afford with our current interest rates, or have other questions about buying?
Send me a message, and let's discuss your dream of homeownership.
Did you miss our previous article...
https://trendinginrealestate.com/where-to-buy/top-3-lessons-learned-from-scaling-a-multifamily-syndication-business