The question of whether or not to buy now or wait is a difficult one. Mortgage rates are at historic lows, but there is no guarantee that they will stay that way. Additionally, the current pandemic has created uncertainty in the economy.
Home contractors like Modern Roofing have been flooded with work because homeowners have decided not to sell during the pandemic. Creating a home shortage and driving prices up.
If you decide to buy, now may be a good time. Mortgage rates are likely to stay low for a while, and the housing market is still relatively stable. However, if you decide to wait, there is no guarantee that the rates will stay low or that the market will remain stable.
The decision to buy now or wait depends …