You’ve probably seen the headlines: "Home prices are rising!" "Rates are high!" And if you're feeling unsure, you're not alone. So, let’s break it down together.
Right now, interest rates are higher than they were a few years ago. But they’ve started to level out. That means buyers are getting used to them. We’re not seeing as many wild jumps. And while 6–7% might sound like a lot, it’s actually closer to what the market has considered "normal" over the past few decades.
Home prices are still rising, but not as quickly as they were during the pandemic boom. This gives you a little more time to shop around and make thoughtful decisions. More homes are also hitting the market now, which means buyers may have a bit more leverage.
So, is it a good time to buy? If you have a stable job, decent credit, and some savings, it very well could be. The key is being prepared, not perfect. And here’s the best part: if you buy now, you can always refinance later if rates drop.
Use this free mortgage calculator to see what your payment might look like: https://sabrinaclinton.com/mortgage-calculator. And when you're ready, click my link to schedule a free consultation.
