May 19, 2020
The coronavirus has us all asking a lot of different questions and one that may be on your mind is – should I still buy a home? I’ve been saving up, I’ve been looking and planned on moving this summer; now what?!
Now can still be a great time for you to purchase your new home.
-In many areas there are fewer people looking to buy which means more opportunity for you.
-Mortgage rates are at an all-time low; meaning you could lock in an excellent rate to pay a low amount of interest over the life of your loan. Be sure to keep an eye on rates, though. With the ever-changing market, rates can fluctuate day-to-day.
-There are plenty of excellent homes on the market with motivated sellers. Thanks to online services, you can take virtual tours of many homes, that way you only have to visit your top contenders in person.
As always when making a big life purchase, be sure to look over your finances, consult with a Mortgage Coach and carefully consider what is best for you.
Apply online from the safety of your home to prequalify for your mortgage. One of our Mortgage Coaches can help you find the right type of loan and lock in a low rate for you to purchase your dream home.