The question everyone was asking
As we sunset November and set our eyes on the holiday cheer of December, let me be the first to wish you a happy and healthy holiday season.
Over the past few weeks, the most common question I got asked was 'When is the best time to buy?'
If this had been on your mind, the answer was 'Now'.
What was happening with prices and rates
Home prices remained steady and interest rates continued their movement upward. We were anticipating this trend to continue for the foreseeable future and into 2022. Even with the uncertainty of the Covid-19 variants, markets continued to push forward.
Lock in your rate while you shop
If you had just started looking at homes, it was the time to get a 90- or 120-day rate hold completed — a way to secure your best rate while you were out home shopping. (A rate hold means the lender guarantees that rate for 90 or 120 days, so if rates climb before you buy, you're protected.)
I could help you secure your 120-day rate hold quickly, usually within 24 hours of application submission.
You could get started easily by replying to the email, giving me a call, or completing your application online.
What you could do
If you were shopping in late 2021, your best move was simple: lock in a rate hold so rising rates didn't eat into your budget. It cost you nothing and gave you room to breathe while you found the right place.
