Although interest rates are on the rise, it's still a great time to purchase a home. Speak with one of our expert loan officers today!

Should I buy before I sell?

For many people, buying a home before selling one that they already have a mortgage on is not ideal. The best course of action will depend on your personal circumstances, specifically your finances. The real estate market also plays a role. In a seller’s market, when homes are selling quickly and prices are high, buying before selling comes with less of a risk because of the demand. In a buyer’s market with lower prices and slower sales, it might be wiser to sell your home first to avoid carrying two mortgages.

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