#buying

Can you really make homeownership more affordable by waiting for the rates to drop?

Some Buyers are sitting on the sidelines, hoping for a perfect storm: lower prices and lower interest rates. The Fed is expected to trim short-term rates soon, and while mortgage rates aren’t directly tied to the Fed, they often move in the same direction.  But here’s the catch — waiting for both to fall perfectly into place can backfire. The Risk of Waiting: Home prices could stabilize or...