Is it a MISTAKE to WAIT for Mortgage Rates to DROP to BUY a House? #buyahome

8 months ago
6

Is it a MISTAKE to WAIT for Mortgage Rates to DROP to BUY a House? Consider what would happen if mortgage rates dropped to 6%. With the limited inventory we have nationwide, homes would sell fast, often with multiple offers & home prices would climb fast. In the next year, it’s predicted that rates will dip to these levels, or lower. Many US metros saw major price reductions and home prices have started to increase again. In Utah, home prices are up $40,000 this year. It’s highly likely you’ve missed the best opportunity to purchase a home. But it’s not too late. Most homebuyers are still stilling on the sideline too afraid to buy. Your best option is to purchase a house today & refinance to a lower rate when they drop. Dave Ramsey, one of the most trusted & conservative advisors has been preaching this for months now.

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In nearly 20 years as a Realtor in Utah, I've helped 100's of people from all over the World. If you're looking to BUY, SELL, BUILD a HOUSE or INVEST in UTAH Real Estate, Call or Text Me @ 801-995-2337. I'd be HONORED to HELP YOU. I’m Ty the Real Estate Guy, Serving the Salt Lake City area, Utah County for YOUR Real Estate needs.

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