Many potential buyers are still on the fence, wondering whether it’s the best time to buy a home. Some fear buying before the market has fully recovered. Others are concerned that they may lose out if they jump in too early before prices and interest rates have hit rock bottom. Here are 7 reasons why I believe now is the best time to buy a home:
A beautiful home for sale with sold sign out front
1) Mortgage Interest Rates are on the Upswing
Nobody has a crystal ball, but all of the economic indicators point to mortgage rates rising this year after several years of historic low rates. Rates have not been this low since the 1950s, when long-term mortgage rates went into effect and Dwight D. Eisenhower was President. Continue reading
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