09/19/2022
We are seeing more and more VA, FHA, and USDA loans being accepted π€© We are seeing sellers willing to negotiate more than they were at the start of 2022. If you are having trouble saving up for closing costs, now is the time to ask the seller to help you pay them off. Not when rates go back down π
Fannie Mae predicts we will go back down to 4.5% in 2023 π¦ What does that mean? We will go back to the competitive market that we had in the beginning of this year π₯
Take advantage of this time we are inβΌοΈ Even though interest rates are more than double than they were a year ago, you can refinance for a lower rate when they go down.