Experts Warn: Don’t Try to Time the Market
When purchasing a home, it may be very tempting to try to either delay or rush the process in order to secure the best interest rate. But experts warn against both of these strategies.
If you wait too long, a house you have your eye on may get snatched up before you can put in a bid. And if you rush into the process just because interest rates are low immediately, you may jump into the purchase before you are truly financially ready. Or, you may settle on a house that you don’t love.
Image via flickr/Sean MacEntee