[VIDEO] Should I Buy a Home Still with Today’s Higher Mortgage Rates?


We’re getting lots of questions from prospective buyers on whether or not they should still buy a home with today’s higher mortgage rates. Arm yourself with knowledge and a plan!


One of the top questions my team and I are getting right now is likely on many homebuyers minds…
Should I STILL buy a home with today’s higher mortgage rates? While each person’s finances and budget
are gonna be a bit different, there is something YOU can do to plan ahead, and that’s getting pre-approved for a mortgage.

Here’s a look at just a few of the benefits of a pre-approval. For starters, getting pre-approved by a loan officer will help you understand how much you can borrow for your home loan. Knowing this makes it easier to determine your target budget and price point, and likely the type of home you will end up purchasing. Not to mention, when you put in an offer on a house, a pre-approval letter shows sellers you’re serious, you’re qualified, and you’re ready to make a move.

Let’s also not forget that speaking with a lender early in the process can alert you to any potential financing programs you might not be aware of. There are many options to secure lower rates and better terms than your typical 30-year fixed rate conventional, FHA, or VA loan.

If you have questions about buying a home today in today’s, or about the homebuying process in general, I can help. Let’s connect today!