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Why Buy With High Interest Rates

Thinking of buying a home but worried about high interest rates? Here’s why it can still be a smart move.


Remember, real estate is a long-term investment.


Even with higher rates, property values generally increase over time.


Renting can often be more expensive monthly than buying, especially in high-demand areas.


Buying now means building equity.


As you pay down your mortgage, the amount you have vested in your home increases over time, and if you eventually decide to sell, you'll make more from that sale.


High rates also mean less competition. You might find your dream home with fewer bidding wars.

But when interest rates drop, there will be a TON of pent-up demand, and finding your dream home may be a lot harder.


For more reasons why buying makes sense, even now, make sure to drop a follow.

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