Post by @nateloans

If you can afford the payment at today’s rates, buying in a slower market can have some serious advantages. Less competition. More negotiating power. Seller credits. Better terms. Maybe even the patio furniture 😂 And if rates eventually come down, more buyers could jump back into the market and push competition and prices higher. Meanwhile, you already own the house, you’re building equity, and you may have the opportunity to refinance. Sometimes the higher rate is the price you pay for getting the better deal on the house. . . . #homebuying #mortgagetips #firsttimehomebuyer #housingmarket