Many homebuyers expected mortgage interest rates to fall after tensions surrounding the Iran conflict eased—but that's not exactly what happened. This video explains why rates have remained relatively stable despite expectations of a larger decline.
Learn how inflation, market uncertainty, and housing demand are influencing today's mortgage rates and what that means if you're planning to buy a home. Dave also shares why waiting for lower rates could actually cost you more if home prices continue to rise and bidding wars remain competitive.
In this video you'll learn:
Why mortgage rates haven't dropped as much as expected
How inflation is impacting today's housing market
Whether you should wait or buy a home now
The relationship between home prices and interest rates
How to determine if you're financially ready to purchase a home
If you're wondering whether now is the right time to buy or want to understand what you can afford, this video provides practical insights to help you make an informed decision.
Like this video, subscribe for weekly mortgage and housing market updates, and leave your questions in the comments.
Dave Steinberg NMLS: #67325 Mortgage Broker Summit Funding
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Connect with me:
Office: 718.575.1166
Email: dave@summitfunding.com
https://summitfunding.com
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Summit Funding | Registered Mortgage Broker (NMLS #52081) New York State Department of Financial Services
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