3% vs. 5% vs. 7% – Navigating the Real Estate Math in Today's Market
Posted by Tamara Williams on
You may have heard that changing market conditions have created a seller's market that is forcing buyers to spend a lot of money. People in many areas are experiencing housing shortages that make the seller's market strong. When you don't have enough supply to meet demand, you can expect to pay higher prices.
Changing market conditions can make it challenging to purchase real estate right now. They don't make it impossible, though. As the Fed increased interest rates again, you need to work closely with a real estate agent and mortgage broker that can get you a fair deal. You will not believe how much money you save when you lower your interest rate by a small amount.
Of course, it helps to have a real estate professional searching for ways…
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