Mortgage rates have already dropped into the upper 5s twice this year. But after just a few days, they ticked back up into the low 6% range. If you saw that and thought, “Great. I missed it,” you’re not the only one.
Many buyers are treating the 5s like some kind of magic number. As if moving from 6.1% to 5.99% suddenly changes [...]
If you’re trying to decide if you’re ready to become a homeowner in the next twelve months, there’s probably a lot on your mind. You’re thinking about your finances, today’s mortgage rates, home prices, the current state of the economy, and more. And, you’re juggling how all of those things will impact the choice you’ll make. It’s a [...]
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The market is shaping up to bring buyers more options, better prices, and less competition in most of the top 50 metros.
But the exact week when buyer-friendly conditions peak varies by market.
Want to know the sweet spot in our area? DM me and I’ll send you the details.
FMI contact: Cates Real Estate | 207-701-5600 | info@catesre.com
#BestTimeToBuy #homebuying #October #lesscompetition #buyer-friendly #sweetspot
For the past couple of years, it’s been tough for a lot of homebuyers to make the numbers work. Home prices shot up. Mortgage rates too. And a number of people hit pause because it just didn’t feel possible. Maybe you were one of [...]