31/05/2023
🏠 Resale or New Launch? This is always a big thinking question many homebuyers have. Here's an interesting advantage to keep in mind! Unlike buyers of resale units, those buying uncompleted homes don't have to rush to draw down a mortgage home loan. This becomes especially beneficial when interest rates are higher. 📈
Moreover, having more time before fully drawing down the loan allows you to potentially benefit from a scenario where interest rates peak and subsequently soften. 💰
So, amidst the concerns about high mortgage interest rates, is it true that many homebuyers are leaning towards brand new launches over resale properties? 🏡