Hannah Flowers Realtor

Feeling hung up on interest rates when it comes to buying a home?

Here's something to consider:

You're probably already paying a LOT in interest with your car loan or credit cards
but that interest rate goes all the way up when you think about rent.

even though rent doesn't come with an
explicit interest rate, renting is essentially like paying a 100% interest rate.

Unlike a mortgage, where you build equity, every single rent dollar is gone forever into your landlord's pocket.

When you own a home and pay a mortgage, you build equity, which goes back into your pocket when you sell. You also have the ability to leverage that equity without selling. Plus, you have a more stable living situation since you're not at the mercy of rising rent prices!

What you need to know about:

🏡the Fed & rates
🏡CPI (inflation)
🏡builders confidence
🏡first time buyers & the election
🏡Zillow’s home prices forecast
🏡important upcoming dates