2d • General discussion
📘 Teaching Tuesday 📘
Why “Waiting for Rates to Drop” Can Cost You
Most buyers think the best move is to wait for lower rates. The problem? Home prices and competition don’t wait.
When rates drop:
- Buyer demand increases
- Competition increases
- Prices often rise
A slightly higher rate on a lower purchase price can outperform a lower rate on a higher price.
Takeaway: Don’t chase rates, analyze the full deal.
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📘 Teaching Tuesday 📘
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