Mortgage Rates May Rise in 2022, Should You Buy Now or Wait?
- Seattle, Portland, San Francisco
- 2022/01/04
During the past 1.5-yr, houses have been selling so quickly that sometimes there wasn’t even time to complete routine inspections.But if mortgage rates ↑ in 2022, and prices remain higher than ever before, is it a good time to buy a home?If rates go up in 2022, those in Real Estate predict it won’t be by much, making it still a good time to buy.Home prices move up and down, and interest rates are only one part of the equation in a home purchase.Any buyer who waits for a lower interest rate is also risking a higher purchase price when they buy.If you can buy a home you love, for a monthly payment you’re comfortable with, then it’s a good time to buy.
Market UpdateSign up
Already have an account? Log In
Select Your Area
Are you a real estate agent?
Yes
No
Los Angeles, San Diego, Central Coast, New York, New Jersey, North Carolina, Colorado, Miami, Tampa, Orlando, Charlotte, Raleigh, USA, California, Sacramento, Texas, Austin, Houston, Dallas, San Antonio, Illinois, Chicago, Atlanta, Florida, Nevada, Washington D.C., Minnesota, Minneapolis, Ohio, Pennsylvania, Arizona, Philadelphia, Maryland, Massachusetts, Georgia