How Changing Mortgage Rates Can Affect You
- nikkicloud5
- Apr 14, 2023
- 1 min read
The 30-year fixed mortgage rate has been bouncing between 6% and 7% this year. If you’ve been on the fence about whether to buy a home or not, it’s helpful to know exactly how a 1%, or even a 0.5%, mortgage rate shift affects your purchasing power.
You may be tempted to put your home buying plans on hold in hopes that rates will fall. But that can be risky. No one knows for sure where rates will go from here, and trying to time them for your benefit is tough.
That’s why it’s critical to lean on Nikki Cloud and The Key Team to explore your mortgage options, understand what impacts mortgage rates, and plan your home buying budget around today’s volatility. We'll also be able to offer advice tailored to your specific situation and goals, so you have what you need to make an informed decision.
Your ability to buy a home could be impacted by changing mortgage rates. If you’re thinking about making a move, let’s connect so you have a strong plan in place.
Contact Information:
(682) 559-2210
Nikkicloud@kw.com
Nikki Cloud & The Key Team
https://www.key2yourdreamhome.com
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