Secret Strategies for Buying a House in February
Access to Better Mortgage Rates
Another benefit of buying a house in February is the potential for securing favorable mortgage rates. Historically, interest rates tend to be lower during the winter months. By locking in a mortgage during this time, you could save thousands over the life of your loan. According to Freddie Mac, mortgage rates often fluctuate based on seasonal demand, with lower rates typically available in the first quarter of the year2.