Home Loans: Breaking Free from Rent and Building Your Future

5. Is It the Right Time to Buy?

Timing a home purchase depends on personal finances, interest rates, and the real estate market. When interest rates are low, home loans are more affordable, but the key is to be financially ready. If your income is stable and you have a good credit score and savings, it may be a great time to consider buying. A mortgage can be a long-term commitment, so ensuring financial preparedness is essential.