If the FED is lowering rates and I can get a mortgage at 6% why would I buy today when I can get a lower rate tomorrow.
@SageRealEstate10 күн бұрын
Because if you wait till tomorrow, you're going to have more competition from other buyers and you'll have to pay more for the property.
@rcarloz10 күн бұрын
@@SageRealEstate but wouldn't some of the other buyers think the same way and just wait for rates to drop more?
@SageRealEstate9 күн бұрын
Here's the way it works: interest rates go down prices go up so if you keep waiting, yes you'll get a lower interest rate you are going to pay more for the property. You need to decide with most important to you. I suggest you buy now get a better price, and refinance with a lower interest rate later.
@AMJuwelRana349 күн бұрын
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