first-time homebuyer savings checklist
Financial Planning vs Homebuyer Savings Checklist: 2025 Rate Lock?
Locking a mortgage rate now can save a first-time buyer thousands if rates rise by 2% in 2025. By securing today’s lower rate you avoid higher monthly payments and preserve long-term equity. The Federal Reserve’s March 2024 outlook projects a 2% increase in the average 30-year mortgage rate