Rent Move Buy - Ep. 50: Should You Buy When Rates Are High?
/Rent Move Buy - Ep. 50: Should You Buy When Rates Are High with Guest John Downs
It’s November 2022 and home mortgage interest rates have more than doubled from where they were a year ago. The economy is in a much different place, job security has changed, and people who anticipated starting a real estate purchase or sale are now considering if this is a good time to move ahead. In this episode, John Downs, Founder of Downs Mortgage Group and SVP at Vellum Mortgage, and Alison discuss their thoughts on what one should do when rates are high.