Should I Buy Now or Wait For The Rate?

What are rates doing? Here is your latest update for May 2024! 

Rates have gone up since the beginning of the year, but have flattened out recently. Rates are hovering in the 6's, but we have seen as low as 5.2% on a VA loan with a couple buy down points.  We are predicting that rates will continue to flatten, but there is potential for a cut in the future based on unemployment and inflation.  

Don't wait if you find the right home! The market is resilient, and buyers are still out in full force.