E055: With interest rates hovering around 7%, is now a good time to buy a home? Jason Williams talks with Nicole Saunches about where the opportunities are for buyers episode artwork

EPISODE · Nov 16, 2023 · 35 MIN

E055: With interest rates hovering around 7%, is now a good time to buy a home? Jason Williams talks with Nicole Saunches about where the opportunities are for buyers

from Selling St Pete with Nicole Saunches

The market has slowed considerably since the pandemic frenzy. Since then, interest rates have eclipsed 8% and exceed 7%. These rates may seem astronomical following the historically-low rates we saw in 2020 and 2021. And, yet, the current interest rates hover near the median interest rate since 1975 (7.14%) and far lower than the 18.63% rates experienced 1981. For buyers who are looking to make a purchase, Jason Williams with Guild Mortgage speaks about where the opportunities are and why making a purchase still can be a great investment despite the current interest rates. If you would like to speak with Jason to determine whether or not you are mortgage-ready, you can reach him by phone at 317-847-7161 or via email at [email protected]

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E055: With interest rates hovering around 7%, is now a good time to buy a home? Jason Williams talks with Nicole Saunches about where the opportunities are for buyers

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