Rising Interest Rates Are Good - Here's Exactly Why.

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  • čas přidán 4. 09. 2023
  • Connect with a Mortgage Pro ➡️ www.treadstonemortgage.com/co...
    Rising interest rates are a good thing for home buyers right now. It sounds crazy, but it's true.
    As interest rates increase, many home buyers choose to get out of the housing market and forgo their home purchase. This creates more inventory for house hunters, and stabilizes home prices.
    The bottom line:
    1. Home buyers will pay less for their home when interest rates go up.
    2. Homes will have less competition.
    If you buy a home today, you'll save money in the long run, even with a higher interest rate. Buy now, and refinance to a lower rate later.
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    *All information is for educational and illustrative purposes only. Not a commitment to lend, and not financial advice. Not affiliated with or endorsed by any government institution. Please contact us for eligibility and quotes.
    Subject to credit approval, not all borrowers may qualify. Rates and terms are for illustrative purposes only; your actual rates and terms may be different. Please contact Neighborhood Loans for current rates and programs. Neighborhood Loans is an FHA approved lender, not endorsed by or affiliated with any government institution. Not to be considered tax or financial advice. Please consult a tax or investment professional.

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