12/16/2022
Homeownership is the best way to build wealth long term, along with following sound principles in your personal finances. We realize there is uncertainty with the FED raising interest rates , keep in mind we are still currently seeing mortgage rates in the 6 % range. If you are old enough to recall , in mid 2000’s mortgage rates were in the high 5 to low 6 percent range (after dipping from the 8% range in the year 2000). People were buying homes then and when rates eventually went down … homeowner’s refinanced to a lower rate. There are advantages for buyers like stabilized or falling home prices (location dependent) and for sellers such as low inventory resulting in less competition.
We are here to clarify the uncertainty and make the process simple. Partnering with a solid team of real estate and mortgage professionals , we will help you reach your goals, please call today.
Americans identified real estate investing as their top way to build wealth. In 2022, however, stock investing was much more popular.
