Ask the better question: “Is this the lowest rate I will ever get?”
“Can I comfortably afford the home, negotiate favorable terms and create a plan to refinance later if rates improve?”
Note that you cannot renegotiate yesterday’s purchase price after closing. But in many cases, you may be able to refinance an existing mortgage if market rates decline and refinancing provides a meaningful financial benefit.
Before pausing your home search, request a personalized payment and purchase analysis. We can compare several combinations of:
Purchase price Down payment - w/o assistance Seller concessions Closing-cost credits Temporary buydowns Permanent rate buydowns Different loan programs
Let’s run the numbers before you decide to wait. A 15-minute strategy conversation may reveal options that the advertised interest rate alone does not show.
Mortgage rates, payments and qualification requirements vary by borrower, property, loan program and market conditions. This information is educational and is not a commitment to lend.
Please make the call or text or book the appointment.
This article is for informational purposes and is not an offer to lend or a commitment to make a loan. All loans subject to underwriting approval, program guidelines, and appraisal. Equal Housing Opportunity.