Rate vs Payment…The Cost of Waiting

Could waiting cost your clients? Interest rates can be volatile. That can mean either risk or, sometimes, reward.

Not ready to take action today? Think rates will come down soon?

Remember these truths:

• Today’s prices and rates are known. Tomorrow’s are not.
• If rates fall yet prices continue to rise, a payment tomorrow could still be higher than what it is today.
• If both rates and prices rise, a payment tomorrow could be even higher and harder to qualify for.
• Rising prices can also mean larger required down payments. It can be difficult to save money faster than prices rise.

Are your clients ready to end the wait? Please reach out. We’ll be happy to help.