The biggest mistake homebuyers are making right now.
Real estate is a long-term investment.
Unfortunately, too many people try to time the
market perfectly and this ends up costing them
a lot of money.
For example interest rates.
There are a lot of people right now that can
afford higher rates but they will continue to
wait. This decision to wait will cost them a lot
If you buy now you have two options when
rates go down – you can refinance and have a
lower payment and save a lot of money, or you
can refinance to a lower payment and keep making that higher payment to pay it off even faster
If you are in it for the long haul like most, you can’t lose and it’s better to act sooner than