Daily Archives: July 17, 2022

Over the past few weeks, the average 30-year fixed mortgage rate from Freddie Mac fell by half a percent.

The housing market is at a turning point, and if you’re thinking of buying or selling a home, that may leave you wondering: is it still a good time to buy a home?

If you’ve been thinking about buying a home, you likely have one question on the top of your mind: should I buy right now, or should I wait?

With so much talk about an economic slowdown, some people are asking if the housing market is heading for a crash like the one in 2008.

Some Highlights

• It’s worth considering the many benefits of homeownership before you make the decision to rent or buy a home.
• When you buy, you can stabilize your housing costs, own a tangible asset, and grow your net worth as you gain equity. When you rent, you face rising housing costs, won’t see a return on your investment, and limit your ability to save.
• If you want to learn more about the benefits of homeownership, reach out to a real estate professional today.

If you put a pause on your home search because you weren’t sure where you’d go once you sold your house, it might be a good time to get back into the market.