Mortgage rates have increased significantly in recent weeks. And that may mean you have questions about what this means for you if you’re planning to buy a home. Here’s some information that can help you make an informed decision when you set your homebuying plans. The Impact of Rising Mortgage Rates As mortgage rates rise, they impact […]
The Cost of Waiting for Mortgage Rates To Go Down
A Window of Opportunity for Homebuyers
Here’s a breakdown of the story this data tells: The 2017 through early 2020 numbers (shown in gray) give a good baseline of pre-pandemic demand. The steady up and down trends seen in each of these years show typical seasonality in the market. The blue on the graph represents the pandemic years. The height of […]