Скачать или смотреть The Mortgage Rate Trap: Why You Should NOT Wait for 6% Rates

A lot of people are waiting for mortgage rates to drop to that magic 6% number, but here’s what most don’t realize. Most experts forecast that rates will stay in the mid- to low-sixes for a while, so we're not expected to hit that number anytime soon.

But what happens when we do? Research shows that a 6% rate could mean 5.5 million more households would be able to afford a home. That could lead to a sudden rush of new buyers, more competition for homes, rising prices, and less room to negotiate.

The current market could be a real estate market sweet spot! We're seeing more choices for homes, modest price growth, and more negotiating power for buyers. So let’s talk about whether it makes sense to act now and beat the rush before everyone else does.

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