Thursday, July 16, 2015

When Will Mortgage Rates Go Up?

I love the reminder in the final paragraph of the article I've linked to below.  The article posted on the website, The Simple Dollar, says "If a small bump in mortgage rates will mean that you'll no longer be able to buy a home, consider whether you should be in the market in the first place."  

This is one of the first conversations I have with each of my clients.  Not necessarily the mortgage rates conversation, but more broad discussion around making sure that this is the right time to search for a home.  You can never time the market, if we could, we'd all know when to buy and when to sell and we'd all be rich and happy!  

The best you can do is to make sure that you do your homework.  Meet with the right people, have the right people advising you, and begin the home buying process when it is right for you, don't just rely on the market.  

Take care, 
Scott Morrison

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