October 15, 2023

Pros and Cons of Buying With High Rates

“Marry the house, date the rate” is a common phrase in the housing industry, especially since mortgage rates have risen throughout 2023. But it’s not just a phrase; it’s a strategy too. It’s simple: Focus on finding your dream home — the one you want to live in for the long haul — and treat today’s higher rates as a temporary path to get there. Then, you can commit to refinancing once...

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Mary Cockburn - 5 Star Real Estate Agent serving Edgewood, Albuquerque, & East Mountain