Home > Uncategorized > I want to buy a home, should I wait until interest rates go even lower?

I want to buy a home, should I wait until interest rates go even lower?

This is a question that I get quite often.  My response is why take that chance.  Current mortgage interest rate are extremely slated for a home buyer. It has been said quite often, that this is a buyer’s market.  In fact, rates for 30-year, fixed-rate mortgages are clearly hovering near 30-year lows.  I can not predict whether rates will go up or down.  Know one can predict this, even a professional who follows the market for a living can not figure out when interest rates will bottom out.  Waiting to predict the market is a dangerous game because you may lose and have to pay higher interest rates. Which results in higher monthly mortgage payments.   It would be like playing dice.  Don’t take that chance.

Home buyers are smart intelligent consumers and are just looking for a little support and guidance.  This will be the largest purchase most will make in their lifetime.  It’s my job to be informative and honest. I will try to inform my home buyer,  that this is the smartest and safest time to buy their dream home.  We know that interest rates are low today. We know that home prices are down. We know that there are plenty of homes on the market to choose from. We know that sellers are willing to bargain.  And we know that builders are willing to offer attractive incentives to get you into your brand new dream home.

Give me a call today, so we can start looking for your dream home.

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