Your mortgage payment can often be cheaper than your rent payments. If your waiting until the rates drop, you’ll be in an insane amount of competition to get a property.
If you buy now, you can then refinance at a later date and get literally $100k’s off your mortgage. The downside is that your gambling on interest rates dropping.
Your mortgage payment can often be cheaper than your rent payments. If your waiting until the rates drop, you’ll be in an insane amount of competition to get a property.
If you buy now, you can then refinance at a later date and get literally $100k’s off your mortgage. The downside is that your gambling on interest rates dropping.