Why Buyer's Have a Surprising Edge as Mortgage Rates Climb

Mortgage rates continue to climb, but there's good news for buyers. Buyer and seller expectations are starting to meet eye-to-eye, with 17.2% of listings reducing their asking price this September, as opposed to last year's 19.5%. This means that the seller's market is starting to settle, with less mismatched seller/buyer price expectations.

Read more here: How High Mortgage Rates Are Shaping Fall’s Housing Market—and Why Buyers Have a Surprising Edge

There are always options when purchasing a home and buyers shouldn't focus solely on interest rate to make their final decision about when is the right time to buy! My team can introduce you to and talk you through many options to make your home buying dream a reality.