It’s no secret that we’ve been having lots and lots (and lots) of discussions about interest rates the last six months. I know if you’re in the market for a house, or want to be, that it can seem scary. I’d love to offer a couple of insights.
1. Interest rates fluctuate all the time. It’s true that they’re higher than they were this time last year, but these rates are still lower than what a lot of seasoned home buyers have experienced.
2. Locking in an interest rate locks in a payment. Compared to rent, which has risen significantly in several markets across the US (including here,) you know what your payment will be if you get a fixed interest mortgage.
3. If the rates drop, you can refinance!
Ready to start the process or have more questions? Give me a call or DM me! #Nashvillerealtor #middleTNrealtor #greaternashville #relocationexpert #franklinTN #brentwoodTN #nashvilleTN #murfreesboroTN #smyrnaTN #lavergneTN #columbiaTN #fairviewTN #leipersforkTN #arringtonTN #mtjulietTN #lebanonTN #dicksonTN #hendersonvilleTN #gallatinTN #eastNashvilleTN #bellevueTN #westNashvilleTN