Interest rates should NOT stop you from Buying a Home in 2024.
If you want to buy a home it makes sense to consider interest rates as well as your medium and long-term goals. Right now may not be the right time. For others, today is the best time.
Here are two reasons why now may be better than later:
- The sooner you buy a home, the sooner you begin taking advantage of building equity and appreciation in a property.
- Refinancing in the future when rates are lower while also taking advantage of appreciation over time allows homeowners to play the long game of equity building and lower interest rates.