03/28/2023
When buying a home in 2023, you have two options.
1) Wait until interest rates drop and see what kind of home you can get
2) Or buy the home that’s right for you now and refinance down the line
If you’re at a point in your life where you’re ready to buy a home, and it makes sense, the equity you build will make it worth the higher initial rate.
Remember: you’re not married to your interest rate. When rates drop in the future, you can refinance your mortgage and have the best of both worlds: a lower rate and a home that’s building your financial future!
Want to talk more about whether or not buying a home right now is the right move for you? Just send a DM!