Many people try to wait for the perfect time to buy or sell their home based on interest rates.
Frankly, one can't control or predict what interest rates will do. NCJ recommends that their clients purchase a home when it's right for them. This is often a time when their family is changing. It could be a marriage, new baby on the way, a change in economic resources, a relocation to a new area, retirement, or just a change in life style. It's rare for interest rates to determine if and when a family moves into a new home.