5 Reasons Now is a Good Time to Buy
Buy now, or wait? Mortgage rates have risen from last year’s lows, but that shouldn’t push you out of the market. Now is still a great time to buy, and here are five reasons why:
Home values have a well-documented trend of going up over time. So, the longer you wait, the more you may have to pay.
You can start building equity now. The longer you own a home, the more equity you have.
3. Tax Savings
The interest paid on your mortgage and other home-related expense can generally be deducted from your income.*
4. Refi Later
If rates go down, you can always refinance to a lower rate and reduce your monthly payment.
5. Net Worth Builder
If you’re renting, buy a house to build your wealth, not someone else’s, like your landlord.
We’re Here to Help
Still have questions or are not sure where to start? Visit with one of our mortgage experts today.
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Read First Time Homebuyer Tips
Read Understanding The Homebuying Process For First Time Homebuyers