What To Do In This Higher Interest Rate Environment

I'm here today with Kenneth Ynes from NFM Lending, one of our top local lenders. We wanted to talk about some of the solutions we have right now to help our buyers buy homes in this higher interest rate environment. 

We've been spoiled in the past couple of years with these 3% interest rates. Now that we're in a more normal environment (we're currently at a 50 year average), it's not the worst thing in the world. It's something that we should be able to embrace but because we've come accustomed to ultra low rates, it's a bit harder. Right now, we have an option that can help: it's called a 3-2-1 buy down where the sellers assist the buyers in lowering their rate. 

We'd love to chat with you if you're interested learning more about this option, or if you have any other questions about your own situation, we're always here to help! Just give us a call here at the office 813-907-2555.

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