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Best time to buy now or in the winter?

I'm concerned about buying now (summer) versus winter. I know rental costs change depending on the season - do mortgage rates vary depending on the time of year and if so, do you know when they generally go down?
By user7846i3804 from NY Jun 26th 2014
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Mortgage rates can up and down daily . they are basically tied to the stock market, the bond. you are better off ownig then renting. pleaese give me a call to discuss your situation in further detail. i can be reached at 631-360-2151.thank youJoy GoldbergAccurate Capital Corp

Jun 26th 2014
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Jun 26th 2014

Mortgage rates are not seasonal.. they are tied to the bond market, so it's usually major economic news that drives rates up or down, but in addition to that, the Federal Reserve has been keeping rates artificially low in order to help this weak economy.. the Fed's have announced that they will be pulling out of the bond market, and once they do, expect rates to go up.. this all being said.. rates are low now, but they will be higher in the future.. property values are going up as well.. waiting till winter could result in you having to pay more for the home you can buy today.. I wouldn't hesitate.. go get you one!!.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Jun 26th 2014








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