Here's Why You Need to Act Now

"Don't wait to buy... buy and wait"

If you follow financial news, you probably know that we're hearing that mortgage rates are going to start increasing. As in all things, timing in real estate is everything. The Fed has been keeping interest rates low for many quarters, and now they are ready to give inflation it's head (just a little, they say...).

What I know as a Realtor is that sellers suffer when interest rates go up - even a little -  because buyers who finance end up being able to buy less. Buyers suffer because they end up getting less house for their money. 

What are you waiting for? If you are thinking about buying or selling a home in Sacramento, now is the time to get going! Interest rates have never been lower and they are not going to stay that way. Don't let this July pass you by without taking action!

If you think it's a good idea to wait, take a look at the July 30-yr fixed mortgage rates since 1985 (that's when I got my first home loan).

Whether you're looking for a new home in Elk Grove, thinking of refinancing your home in Davis, or buying a Carmichael duplex to add to your retirement portfolio, now is the time to act. Call me and start designing your wealth plan today.