Bidding Wars Slow Down
Now that bidding wars are slowing down and more homebuyers are able to get their offers accepted, the big thing that clients are battling with are the rates going up while they look for a home. We now have a solution for that! We just recently got access to a program that allows our clients to lock today’s interest rates upfront and then shop for a home!!! That means that once you lock in today’s rates, you have up to 90 days to find a and close on your new home. This way if it takes you 30-45 days to find a home and the rates went up, you don’t have to lock in the higher rates because you locked them in upfront… but if the rates come down by the time you find a home, we can just switch you to one of our other 10 lenders and you can take advantage of the lower rates at that future time. It’s a win-win. If you’re in the market to buy a home, PrimeLine has you covered. DM us or give us a call and talk to one of our home loan experts!