Watch this short video and find out if you should wait until mortgage rates go down to buy a home or buy now. In this video I talk about some different scenarios if you were to buy now versus waiting for the mortgage rates to come down.
“I’m just going to wait for the mortgage rates to come down.” I hear that a lot these days but waiting for the rates to come down isn’t necessarily going to get you a lower monthly payment. Housing values are still rising and as rates go down the market will be a lot more competitive.