Should I Buy A House Right Now Site

Supply remains structurally tight, particularly for existing homes, due to the "lock-in effect" of owners holding older, lower interest rates. However, new construction inventory has grown, with builders often offering incentives like mortgage rate buy-downs. Reasons to Buy Now

The current market is often described as "execution-driven" rather than "appreciation-driven". should i buy a house right now

For those looking at new homes, builders are aggressively using rate buy-downs and closing cost credits to move inventory. Supply remains structurally tight

Average 30-year fixed mortgage rates are currently around 6.37% as of late April. While the Federal Reserve held rates steady at 3.5% to 3.75% in March, mortgage rates haven't dropped significantly because they track long-term Treasury yields. particularly for existing homes