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Updated 12 months ago on . Most recent reply
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Mortgage Market Outlook
Hey guys,
I am curious on your outlook on the mortgage market after yesterday's FED rate pause and outlook on the future. I am in a tough spot. My finance and I are ready to purchase a SFH and rent out the condo we currently own and live in. We would be pulling out a HELOAN in order to get into the next house, but I am currently debating, if we should make the jump on a home now and refi in a year or two? Also, I am worried if we wait that next year rates will be in the 8%. I know there is no certain outcome on the markets for this question, but I I want some of your thoughts on what is to happen and if it is worth it.
My finance and I are pre approved and ready to rock if the time and home is right.
Jaime R.