People Are Worried
Clients have been reaching out worried🫣 about the current state of, well life in general, and wondering if it is still a good time to buy a home. So here is my 2 cents.🤑
Go with what is certain. If you lock in a 5-year rate right now, you will know your payments for the next five years.
Is your job secure? If so, then you also know what your income will be going forward.✅
Theoretically, if you sign a 5-year term on your mortgage, there will be someone new in office by the time your renewal comes up.
And then... will the market crash? Could it... sure.. but the pendulum would have to swing very far in the other direction for that to happen.👈
Let me know your thoughts on this and if you would still feel ok buying a home right now.