And your are right…. they probably will next year, especially before the elections. But will they go down to 3% again. NO.
Do you know what happens when rates lower? There are more buyers and with low supply prices go back up. Yes…Home Prices are going to go up more next year. You won’t be able to control that. But you can control your option to refinance your rate.
Don’t Believe me? Check out this video today from Barbara Corcoran