There is no doubt that we have heard our share about record-breaking home prices, rising consumer costs, supply chain constraints, and more. Because of this the thought of buying a new home can be scary! 

We want to ease your mind and give you some insight on why inflation shouldn’t stop you from purchasing a new home. 

Home prices have been rising for a while and will continue to rise… I know, I know, you’re thinking “how is this good news?” 

It’s good news because if you buy a home now you will lock in your monthly mortgage payment for the foreseeable future, so that means as other prices like gas, groceries, entertainment continue to rise, your monthly payment will be consistent. 

Also another reason to buy, and we have preached this constantly, today’s mortgage interest rates are lower than they have been in decades. While inflation does decrease what your dollars can buy, the low mortgage rates will help counteract it because it will boost your purchasing power. So that means you can get more bang for your buck!