Jason R Doughty - Mortgage Planner

Don't worry, if you are worried about buying a home in today's market due to the interest rates... then perhaps consider the following:

If You Buy Now, You Can Refinance When Rates Drop: You have the option to refinance if rates go down. Let's decide on a housing budget that you feel you can afford monthly and see what home price this allows you to shop for.

Don’t Wait Too Long: If rates keep rising, you might miss out on today’s rates or worse now that the same home is listed at a higher price. Yes, you can always refinance the rate, but you can't go back in time and get 2019 home prices.

Beyond Interest Rates: Your monthly payment is influenced by more than just interest rates—think about HOA fees, rising home prices, and buydowns. This is why we focus on strategy over rate. Sometimes the lowest interest rate with the wrong strategy can end up costing you more overtime.

Staying informed helps you make the best financial decisions.

Have questions?

Send us a message!

A recent Bankrate survey found that homeownership is still a central part of the American Dream.

But what’s holding people back from affording a down payment and closing costs?

Top reasons include:

• Income isn’t high enough: 54%

• Cost of living is too high: 51%

What does your American Dream look like?

Survey Insights:

• Over half of aspiring homeowners cite low income and high cost of living as major obstacles.

• While homeownership remains a key goal, affordability is the main challenge.

If this sounds like you (or your clients), shoot us a DM so we can show you how we are solving the home affordability challenge for so many right now!