POV: you’ve been waiting for interest rates to come down before buying your first home…
Here’s why it’s an ideal moment for buyers ⬇️
If you ask one of the Englewood, FL real estate agents when to time the market, their answer is always: “You can’t!” But right now is as close to perfect as it gets.
🔹 The Fed has recently announced rate cuts, which means mortgage rates are trending downward and could continue to drop in the coming months.
🔹 The average 30-year fixed mortgage rate is currently around [6%-7% ], down from recent highs, making now a great opportunity for buyers.
🔹 Home prices haven’t yet started spiking as they usually do when rates fall—this window won’t be open for long…
🏡 Pro tip: Buy now at today’s prices and lock in a lower rate before house prices start to rise, potentially saving you thousands over the life of your loan as more rate cuts take effect!
Not sure where to start? Contact us today!
