
In mid-May 2021, the average mortgage rate on a 30-year loan was just over 3.10%. Now, it's hovering around 5.52%.
With interest rates up so much, many people considering purchasing a home may be asking themselves whether it's actually a good time to move forward.
The reality, however, is there are many good reasons why you shouldn't let higher mortgage rates deter you from becoming a property owner if you're financially ready to do so. Here are 15 of them.
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