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The Cost of Waiting to Buy!

Wade Betz

Published 1 month ago

Housing prices aren’t guaranteed to drop.

For potential buyers wondering if they should wait to see if home prices will drop before buying, these market insights shed some valuable light on why you should consider buying now. And while we can’t predict the future, current data shows the housing market isn’t going to dramatically cool anytime soon.

Although prices may stabilize a bit as material shortages and supply chain delays ease, forecasters can’t pinpoint when we’ll see those changes trickle down to the buyer level and impact housing prices.

The takeaway? If you’re ready to buy a home, and you’re financially prepared to do so, it’s important to consider the risks of waiting and the potential for housing costs to continue to rise in the coming months.

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Real Producers Spotlight

National Rate Averages

Conf. 30Y Fixed

5.412%
0.042

FHA 30Y Fixed

5.35%
0.043

Jumbo 30Y Fixed

5.254%
0.118

Rate averages are calculated from actual locked rates. Learn more.

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How To Maintain Your Buying Power in a High Rate Environment

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What Is A Blended Rate And How To Stop It From Going Up

Published 2 weeks ago

What is an Appraisal Gap Coverage & How Can it be Used to WIN in this Market!

Published 3 weeks ago

Keeping Current Matters Monthly Market Update – July 2022

Published 1 month ago

Axen Mortgage

Company NMLS# 1660690

3100 W Ray RD STE 201 Office # 209
Chandler, AZ 85226
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