Let’s discuss the Advantages to higher interest rates 1. It creates stabilization of home prices 2. It has reduced bidding wars 3. We have seen home inventory beginning to increase 4. Sellers may be willing to pay some of the buyers closing costs or help you buy down your interest rate.
Higher rates have pushed some buyers to the sidelines while others are sitting out because they are afraid. However, now is the time to get in the market and buy a home! Rents are remaining high, so why not buy? Reach out to me for a free consultation (267) 397-6291