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Don't let Inflation scare you away from homebuying!!

Locking in your Mortgage Rate can stabilize your costs in ANY market

Homeownership has historically been a great hedge against inflation. You see during an inflationary economy, prices rise across the board. As a homeowner you can lock in what’s likely your largest monthly payment (your mortgage) for the duration of your loan. Therefore helping to stabilize some of your monthly expenses.

And with rents being as high as they are, the ability to stabilize your Monthly Payments and protect yourself from future rent hikes can be so important.

When you rent, your monthly payment is determined by your lease, which typically renews on an annual basis. With inflation high, your landlord may be more likely to increase your payments to offset the impact of inflation.

Did you know that a recent survey from shows 72% of landlords said they plan to #raisetherent on one or more of their properties in the next year.

Becoming a homeowner, if you’re ready and able to do so, can provide lasting stability and a reliable shelter in times of economic uncertainty.

If you’re ready to learn more and start your journey to homeownership, let’s connect today.

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Content by Nina Brown Alameda Realtor

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