Don't Wait for a 3% Mortgage Rate
If you've been waiting to buy a house, you'll be happy to know that todays' interest rates have dropped below last year's peak.
That's good news for you because that means a lower payment.
But you may be wondering, should I wait for the interest rates to drop even more?
Greg McBride from Bankrate says that we are not going back to a 3% interest rate anytime soon. Other experts agree that interest rates are going to stabilize just under 6%.
So if you're holding out for a 3% interest rate, it's probably going to cause you to miss the space that you need and the home that you love.
As a real estate agent, I am here to help you navigate the housing market. So if you're ready to make a move, let's chat today.