This is probably one of the most common questions a real estate agent is asked on a weekly basis. And to be honest, there is no perfect answer that applies to everyone. This is a great time for you if you are financially secure, have job security, and are ready to grow your investment portfolio. Even though rates have risen in the last year+, there is some truth in the saying “buy the home, rent the loan”. If you have a home to sell, most likely you have equity and can put a large down payment on your new purchase, so interest rates aren’t the most pressing factor. The important things are layout and location. Rates will come down, and when they do, you can refi. Begin by speaking with a lender and contacting me to get started.
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