Thinking About Buying A Home? Why You Should Buy Sooner And Not Later!

According to news just released by Freddie Mac, mortgage rates are expected to rise to an average of 4.6% next year.  Coupled with rising home prices this will mean that affordability will be impacted.  Not as good as current affordability with rates below 4% but still not bad overall.

In the Rochester market we will continue to see a lack of inventory and high buyer demand so we will continue to have the same competitive environment as we have seen for the past couple of years.

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This entry was posted in Buying A House, Buying vs Renting, Local News, Mortgage Rates, Mortgage/Finance and tagged , , , , , , , . Bookmark the permalink.

One Response to Thinking About Buying A Home? Why You Should Buy Sooner And Not Later!

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