How To Secure A Mortgage With Competitive Rates
The Real Estate Timing Secret
Timing is everything—or so they say. But when it comes to mortgages, this couldn’t be truer. There are particular seasons during which securing a mortgage can save you thousands. Why? Because lender competition isn’t constant throughout the year.
During spring and summer, a mortgage “rush hour” occurs as home buying peaks. Smart buyers opt for the quieter months, such as January or February, where you can negotiate better rates. These cool periods often bring about hidden opportunities.
Isn’t it odd how many buyers overlook this detail completely? While the market seems illogical, there’s a rhythm to it that few understand. But, aligning yourself with this rhythm isn’t just about timing.
Understanding these cyclical trends can serve as your secret weapon. But what if there’s still another underutilized tactic to lower your rate even further? Read on for a surprising twist!