Should You Wait for Interest Rates to Drop? (The Math Might Surprise You)

"I'm waiting for rates to come down" - I hear this every day. But let me show you the math that might change your mind!
The Reality Check:
Waiting for rates to drop 1% while home prices rise 5%:

$400K house at 7% rate = $2,661/month
$420K house at 6% rate = $2,518/month

You'd save $143/month but need $20,000 more for the down payment!
Here's the key insight: You can refinance your interest rate, but you can NEVER refinance your purchase price. Every month you wait, home prices typically go up.
Want to run the numbers for your specific situation? Comment "MATH" and I'll show you the real cost of waiting vs. buying now.
#InterestRates #MarketTiming #HomePrices #MortgageStrategy #RealEstate #HomeBuying

‪@GreywoodInvestments‬