Waiting for interest rates to drop when looking for a home A while back, I penned a piece here on this particular site telling a story about a longtime friend who was preapproved for a mortgage before rates started to jump but she waited too long and the rates had moved to a point where she could no longer qualify. Fortunately, she had the assets to be able to put more down therefore borrowing less. Doing so pushed her debt ratios down to a level to where she ultimately moved her purchase past the finish line.
Full article here: Waiting for interest rates to drop when looking for a home?
(512) 853-0110 or robert@AustinTxHomeSales.com
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