Home prices have been against buyers for a while now, but soon, rates won’t be on their side either. We saw rates hit new record lows on 14 separate occasions in 2020, but the limbo game seems to be over. Buyers waiting to see if rates will dip back down in the coming months will likely end up getting saddled with regret – and a much higher purchase price.

If you’re serious about buying a home in 2021 and locking in a great rate, you need to know that today presents a better opportunity than tomorrow.

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