Found 2 blog entries tagged as affordability.

As you’ve probably heard, interest rates are the lowest they’ve been in over a year and a half. This means more buyers are coming off the sidelines and starting their homebuying search. More buyers mean more homebuyer demand, bringing more sellers into the market looking to sell their homes for top dollar.

How Low Interest Rates Can Affect Your Purchasing Power - Shane T White - Shane T White Team - Texas Real Estate


Interest rates are a huge economic factor that affects the market's direction and where it’s going. Low interest rates can help increase your purchasing power and ability to navigate the market. Let’s dive into the importance of low interest rates below! 


Increased Borrowing

When interest rates decrease, the cost of borrowing money decreases, directly affecting how much buyers can afford. Even the slightest decrease in interest rates…

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Over the past few months, we have been in a strong seller’s market with many buyers waiting for the perfect home with the most perfect terms. The truth is, there might not ever be a perfect time to buy a home, but with affordability improving nationwide, now seems to be a prime opportunity to get off the sidelines!


If you’ve been waiting to buy, here are 3 reasons why now is the best time to purchase a home! Let’s dive in!


Mortgage Rates Are Decreasing

Mortgage rates have always been a huge factor when it comes to buying a home, and it's been an extremely popular topic over the past few years. During the pandemic, we saw record-low rates that many homebuyers were hoping to see again, which is why many were holding off on buying. However,…

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