2. Where Do I Think Interest Rates Are Heading? Like mentioned above, Ratiu sees mortgage rates rising over the next several months. Another expert agrees. Mark Fleming, Chief Economist at First American, says: “While mortgage rates are expected to continue to drift higher over the coming months, much of the rapid increase in rates is likely behind us.” […]
Two Questions Every Homebuyer Should Ask Themselves Right Now
The Long-Term Benefit of Homeownership
If you look at the percent change in home prices, you can see home prices grew on average by almost 64% nationwide over that period. That means a home’s value can increase substantially in a short time. And if you expand that time frame even more, the benefit of homeownership and the drastic gains you stand to […]
Why Buying a Home May Make More Sense Than Renting [INFOGRAPHIC]
Some Highlights If you’re trying to decide whether to rent or buy a home, consider the advantages homeownership offers. Buying a home can help you escape the cycle of rising rents, it’s a powerful wealth-building tool, and it’s typically considered a good hedge against inflation. If you’re ready to take advantage of the benefits of homeownership, let’s connect to explore your […]