When you think about buying a home, your mind probably jumps straight to your credit score. But there’s another number that’s equally—if not more—important. Enter your “magic number” for home-buying affordability. Why the Magic Number Matters Your magic number is the key to understanding just how much house you can afford without stretching your finances […]
Navigating the Mortgage Rate Maze: Your Guide to Timing Your Home Purchase
Are you on the cusp of making a significant move in the real estate market? Perhaps you’re pondering the perfect moment to sell your current home or dive into the journey of homeownership. One crucial question that might be circling your thoughts is whether it’s prudent to wait for a favorable dip in mortgage rates […]
The Pros and Cons of Buying in a High Interest Rate Market
When considering the purchase of a home in Austin, Texas, timing is key. The ebb and flow of interest rates can significantly impact your decision-making process. In this guide, we explore the advantages and disadvantages of buying in a higher interest rate market, empowering you to make informed choices in your real estate endeavors. Pros […]
Benefits of Buying During Times of Higher Interest Rates
If you spend much time watching news outlets and charting their statements, there is never a right time to buy or sell real estate. It is either pricing, interest rates, housing shortage, or a mired of other reasons why it’s not a good time to buy or sell. Market Principle: What goes up, must come […]
