Security Against Inflation
You’re setting goals, but are you setting BIG goals and doing it correctly?
Don’t Let Fear Stop You from Buying a Home in 2022
This month has been no surprise if you’ve been following the market. We’ve faced continued record-breaking home prices, increased consumer costs, supply chain disruptions, and more.
If you’re a buyer and thinking about purchasing a new property this year you’re probably facing some concerns on whether you should buy or wait.
Though home prices aren’t immune from this increase, don’t let inflation stop you from buying a home in 2022. Better yet let one of our friendly and knowledgeable veteran loan officers assist you with your homebuying process.
Follow the link in our bio to learn why you shouldn’t fear buying a home right now.
Homeownership Provides Security and Assurance
Home prices are expected to climb throughout 2022, so as a new buyer how exactly can you protect yourself from the increased costs in items like food, housing, entertainment, and other services? What you can do is buy a new home.
Purchasing a new property allows you to lock in your monthly mortgage payment for the future. As prices rise, your monthly payment remains the same thanks to a fixed-mortgage rate. You’ll have the security against inflation.
As a renter, you don’t have the same protection and benefits from increased property costs. With today’s mortgage interest rates as low as they are it even makes more sense to buy. Though inflation hurts what your dollar can buy, low mortgage rates help boost your purchasing power so you can get more house for the money as well as keep your payments down. This has never been more important during this time as it’s smart to protect yourself from the impact of rising costs.
The best attack against inflation is a fixed housing cost. Don’t let this concern stop you from buying a home this year. Connect with one of our veteran loan officers to assist you with the home buying process and eliminate the stress.