Uncertainty with Mortgage Rates

by Amy Cuny

After a year or more of rates coming down,, things have changed. And lately, mortgage rates have been climbing again.

And if that's made you wonder whether you should delay your move until they drop, you're not the only one.

The honest truth is that rates probably won't come down much until inflation cools off and some of the global uncertainty settles. And no one knows exactly when that'll be.

But what most headlines won't tell you is that rates aren't the only thing that affects affordability. Sure, they're a big factor, but not all of the affordability news is bad.

Wages, home prices, and inventory are all trending in a direction that could still help make your move possible.

If you're interested in learning more, give me a call at 251.709.4331.

Amy Cuny | Bellator Real Estate | 251.709.4331