Name a better elevator pitch. We’ll wait. 😎
But seriously, higher rates may actually work in your favor! Choosing to wait on the sidelines for rates to drop (like everyone else) could leave you fighting for the same homes.
If interest rates drop, competition may increase, causing home prices to rise and potentially impacting your ability to buy your dream home. 😭
Consider making the smarter move to buy now and refinance later to avoid the crazy competition. (Plus, if rates drop, you can lower your monthly payment.*)
Now, wasn’t that worth the 30 seconds?
*By refinancing your existing loan, your total finance charges may be higher over the life of the loan.
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