Would you let $80 stop you from buying a house? Because that’s all you’ll save per month if mortgage rates drop from where they’ve been lately at 5.99%. Of course, that will vary a little depending on your price and the rate your lender quotes you. Rates have already dropped enough to save buyers nearly $400 a month compared to what they would have spent on a typical home earlier this spring. So waiting for that last little dip could mean missing out. \
Because when rates drop below 6%, mindsets will change and more buyers will return to the market.
That will create more competition for you. And it can drive prices up enough to negate the savings you’re hoping for.
So is it really worth waiting for $80 a month? Let’s run the numbers on its pricing on our marketplace, so you can see exactly what you’re working with. The difference may not be as much as you think.
Let’s run the numbers on its pricing on our marketplace, so you can see exactly what you’re working with. The difference may not be as much as you think.
come on connect to explore your options today. You can also call or text me at 908-304-4660.
Don’t forget to check out our latest market reports!
