'Lock in that rate:' Housing and financial experts both recommend buying now if you're prepared

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'Lock in that rate:' Housing and financial experts both recommend buying now if you're prepared
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'Lock in that rate:' Housing and financial experts both recommend buying now if you're prepared FOX13

was disappointing. However, experts in both the housing and financial markets said if a home buyer is prepared, right now could actually be the right time to put in an offer.

Owen said the housing hysteria appears to be cooling with buyers now having the opportunity to make time to see a home, maybe have a financial contingency attached to an offer and not having to compete with multiple buyers which can wildly escalate a property’s list price. Black said to expect interest rates to continue to rise with projections anywhere from 3 to 3.5% by the end of the year.

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