If you purchased a home before COVID, the good news is you have a lot of equity!.. However, for those that missed the boat on buying from 2020-2022, you suffered from not a lot of options to pick from on homes…. and the interest rates went up.

However, now rates have been taking a little bit of a positive turn downwards, AND the amount of homes on the market is up 37.5%. That is great news for you that are ready to get out there and buy, is there are more homes to choose from. Interest rates hopefully will continue to decrease and then you would have an option to refinance AND you got the house you wanted, instead of waiting.

When talking to a lender to get pre qualified, as if they offer a NO COST refinance option. This means you would not have to pay for the cost to refinancing when the rates do drop down from when you originally purchased the home.

NOW is the time to get that house you love…

…..BEFORE someone else does

Full article here