With rates in the 7% range does it make sense to purchase or refinance?

Buying Florida · Sep 28, 2023 · 6m

Yes, rates are in the 7% range, does it make sense to purchase or refinance?

Purchase - are you comfortable with the payment? the probability is that you will be able to refinance down the road

on a Refinance - does it make sense to pay off credit cards, student loans, car and save money?

Does it make sense to get a Hecm to help supplement income yes it does if you are on a fixed budget and we continue to have prices go up.

It is about having a home to live in that is affordable or a refinance to help consolidate debt.

This is just a snapshot in time, and we will have opportunities down the…