Mortgage rates are expected to drop, which means that it might be a good time to buy a second home.
There's no perfect time to buy a home, so I'm more concerned with whether it feels like a good time.
So, while mortgage rates are expected to go down this year for primary homes, mortgage rates for second homes might not fall as equally.
Still, the Fed rate cut is already impacting mortgage rates, which could benefit second-home mortgages, as well.
Barring a big windfall of cash allowing you to buy something outright, there may never be a "perfect" time to buy a home.
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Grams, I'm, Grams —, doesn't, Cheryl Lock Cheryl Lock, Read
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