Have you noticed homes disappearing from the market faster than ever? You’re not imagining it. Inventory is shrinking, and that means your dream home may not be available tomorrow.
Here’s the exciting truth: with recent rate drops, you can afford more home today than you could just last month. For example, even a small drop in interest rates can increase your buying power.
If you’ve been browsing listings, you’ve probably noticed something: affordable mobile and manufactured homes don’t stay listed for long. Here’s why:
Rates are unpredictable. Just as quickly as they dropped, they could climb again—and when they do, your monthly payment could shoot up by hundreds of dollars.