Date the Rate, Marry the House: Why Now Is the Time to Buy
With interest rates starting to decline, the window of opportunity for homebuyers is opening wider. After two rate cuts in September, more reductions are expected post-election, with another scheduled for December and even more at the start of next year. For first-time homebuyers and those needing to relocate, the message is clear: don't wait for rates to hit rock bottom—buy now and refinance later as rates continue to fall. Why Buy Now? Florida’s real estate market is about to heat up as seasonal buyers, often referred to as snowbirds, head south for the winter. These part-time residents may decide to turn their vacation into a permanent move, increasing competition for homes. As demand rises, so will prices, making now an ideal time to purchase before the market tightens. The key is to marry the house —fall in love with your dream home and make the commitment. Date the rate —stay flexible and refinance later as rates drop. Even if today's rates seem higher than you'd like...