When investing in a property, many potential homebuyers attempt to predict if home values are rising or falling while also paying attention to home loan rates. These are important metrics to follow to determine if the time is right to buy a house. However, the best time is when you can afford to.
- While monitoring if home values are rising or falling are important metrics, the best time to buy a house is when you can afford it.
- Borrowers should explore their loan options and take advantage of low-interest loans if they have a good credit score and little debt.
- Attempting to time the market is not a good idea. However, interest rates have been at historic lows since March 2020, so prepared buyers should buy while the time is right
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