Is February 2024 the Right Time to Buy Your First Home?
Homebuyer Homebuyer
13.2K subscribers
703 views
0

 Published On Feb 2, 2024

Today's current mortgage rates: https://homebuyer.com/mortgage-rates

As spring approaches, Dan from Homebuyer.com addresses a critical decision for many: to rent or buy a home in February 2024. With the market showing favorable conditions for first-time homebuyers, the video outlines compelling reasons why now is an opportune time to consider purchasing your first home. Despite higher mortgage rates and home prices compared to past years, current trends suggest increasing affordability and a buyer-friendly market. Dan highlights three key factors: the significant drop in mortgage rates, the steady rise in home values due to high demand and low supply, and the current market psychology that favors sellers. Additionally, he touches on potential benefits for first-time buyers, including automatic mortgage rate discounts and possibly lower FHA mortgage insurance premiums. Emphasizing that waiting for the "perfect" time might lead to missed opportunities, the video encourages viewers to explore their buying power now, leveraging Homebuyer.com's resources for immediate mortgage approvals and insights into the housing market. For those on the fence about buying versus renting, Dan's analysis provides a comprehensive look at why taking the plunge into homeownership now could be a wise decision.

Full review: https://homebuyer.com/learn/is-now-a-...

TIMESTAMPS
0:00 Introduction
0:20 Yes, It's A Good Time To Buy A Home
1:26 Current Mortgage Rates & Mortgage Rate Outlook
3:28 Current Home Values & Home Value Outlook
5:12 Market Momentum & Seller Greed
6:25 First-Time Home Buyer Program & FHA Mortgage Insurance
7:57 Outro

ABOUT OUR CHANNEL
Homebuyer.com is the mortgage company for first-time home buyers, and this is our YouTube. This channel provides straightforward advice for first-time home buyers about mortgages, real estate, first-time home buyer programs, and more. We cover important topics, including how to get approved for a low-down payment mortgage, how to get a better mortgage rate, and the grants and programs for first-time buyers today.

WHERE TO FIND US
Website: https://homebuyer.com
LinkedIn:   / homebuyer  
Office HQ: 230 Findlay Street, Second Floor, Cincinnati, OH 45214

LICENSING AND DISCLOSURES
Homebuyer.com is powered by Novus Home Mortgage, a division of Ixonia Bank, NMLS 423065. www.nmlsconsumeraccess.org The content in this advertisement is for informational purposes only. Homebuyer.com is located at 230 Findlay Street, Cincinnati, Ohio 45214. Call Homebuyer.com at 513-824-8171. Novus Home Mortgage, a division of Ixonia Bank, is located at 20225 Water Tower Blvd, Suite 400, Brookfield, WI 53045. Reach Novus Home Mortgage by phone at 844-337-2548. We have no affiliation with the US Department of Housing and Urban Development, the US Department of Veterans Affairs, the US Department of Agriculture, or any other government agency. US Government agencies have not reviewed this information, and this site is not connected with any government agency. Equal Housing Lender. Mortgage applicants are subject to credit and underwriting approval. Not all applicants will be approved for financing. The receipt of an application does not represent approval for financing or an interest rate guarantee. Restrictions may apply, contact Homebuyer.com for current rates and more information. All information provided in this publication is for informational and educational purposes only, and in no way is any of the content contained herein to be construed as financial, investment, or legal advice or instruction. Homebuyer.com does not guarantee the quality, accuracy, completeness, or timeliness of the information in this publication. While efforts are made to verify the information provided, the information should not be assumed to be error-free. Third parties may have provided some information in the publication, which Homebuyer.com has not necessarily verified. Homebuyer, its affiliates, and subsidiaries do not assume any liability for the information contained herein, be it direct, indirect, consequential, special, or exemplary, or other damages whatsoever and howsoever caused, arising out of or in connection with the use of this publication or in reliance on the information, including any personal or pecuniary loss, whether the action is in contract, tort (including negligence) or other tortious action.

LEARN MORE ABOUT HOMEBUYER.COM
About Us: https://homebuyer.com
Mortgage Statistics: https://homebuyer.com/research/mortga...
Today's Mortgage Rates: https://homebuyer.com/mortgage-rates

Happy Homebuying

show more

Share/Embed