“Marry the house and date the rate” is a common phrase often uttered in the real estate industry, particularly right now as interest rates have climbed far from the record low rates of 2020-2021.
Rest assured, if you are a buyer pumping the brakes a bit you are not alone in waiting for rates to drop. And once they do, you also won’t be alone in restarting your search — which could lead even higher prices locally.
If you’re considering buying but have concerns about current rates and the impact on your buying power, contact us today to fully discuss all of your options and the best approaches to helping you feel right at home!