Prices increase as rates go down
“The lower the rates go, the more house people can afford… as rates continue to fall, you’re better off getting a house now with a little bit of a discount and refinance later.”Thomas Eller, Vice President and Senior Mortgage Officer, North State Bank
The current market allows for better planning
Working with a good lender is key
There are more programs to help reduce costs
The North Carolina Housing Finance Agency offers down payment assistance for first time buyers: $15,000 toward homes up to $480,000.