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5 Reasons Now is a Good Time to Buy


Buy now, or wait? Mortgage rates have risen from recent 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:

1. Appreciation

Home values have a well-documented trend of going up over time. So, the longer you wait, the more you may have to pay.

2. Equity

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.

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