Reported about 1 month ago
New home sales increased by 4.1% in September compared to August and 6.3% year-over-year, driven by a lower interest rate environment following recent Federal Reserve cuts. Dan Bauer from Alliant Credit Union emphasizes the importance of having a buying plan and getting pre-qualified. He suggests considering adjustable-rate mortgages for lower initial rates, while also urging potential buyers to align home purchases with long-term financial goals by consulting professionals. Watch the video for more insights.
Source: YAHOO