Every .25 or 1/4 percent point drop will only save you 50.00 a month on a median priced home. We are basically in a pissing match between the fed and new home builders. The rates aren't high. Home PRICES are. ID Wait till the Median Home price drops by a minimum of 25% . It's coming.
Inventory is not an issue anymore
So what’s your suggestion ? Wait till 2025 summer for interest rates to drop to 4-5%
Every .25 or 1/4 percent point drop will only save you 50.00 a month on a median priced home. We are basically in a pissing match between the fed and new home builders.
The rates aren't high. Home PRICES are.
ID Wait till the Median Home price drops by a minimum of 25% . It's coming.
First!