03/24/2023
Growing up I remember 20% home loans. When we bought our first home in 1990 the rate we got a loan at 9.25%. in the 2000s in Vegas we had a 3.25% rate. Now we are at 7.3 and people are loosing there mind. If you are wanting to buy a home, do it. Rates are not going to go down anytime soon. Any drop in price will be eaten up by higher interest rates as we go forward. You can always refi when and if rates drop. IMO if you are in the market for a home and can qualify, do it.