
How Much Could you Save With Current Low Interest Rates?
As you know, the housing market has been robust over the last six months. Redfin just reported that home prices had increased another 15% as of October 23rd, and 56% of its homes for sale went through bidding wars.
Much of this has to do with lower supply and higher demand, coupled with extremely low-interest rates.
So what should you do if you are in the market to buy? Should you wait and see prices level and supply increase? Or should you commit as prices continue to increase?
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