I Agree, They Are Indeed Higher Than The Unusually Low Rates We Saw In 2020.
However, It's Important To Note That Today's Rates Are Actually Closer To The Historical Median Over The Past 50 Years.
While Rates Are A Significant Factor, Home Prices Continue To Rise.
By Purchasing Now, You Lock In The Home Price At Today's Rates And Stand To Benefit From Future Appreciation.
Should The Interest Rates Drop To A More Desirable Level Later On, Refinancing Is Always An Option.
This Way, You Secure Your Investment And Can Potentially Lower Your Costs When Conditions Improve.