Published November 22, 2024

When Life Calls for a Move: Is It Time to Leave Your Low Interest Rate?

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Written by Winston Suggs

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In a world of fluctuating interest rates, holding on to that ultra-low rate you locked in years ago can feel like a win. But life has a way of evolving, and sometimes the benefits of moving outweigh the comfort of staying put. If you’re wondering whether it’s worth leaving that low rate behind, you’re not alone!

Here are some common reasons why past homeowners have decided to make the leap to a new home:

  • Career Changes:
    A new job or relocation often calls for a fresh start in a new city—or maybe even across the country!

  • Growing Families:
    A new addition to the family might mean you’re running out of space and need more room to grow.

  • Remote Work Freedom:
    The rise of remote work opens the door to living just about anywhere. Dreaming of a house with a view? This could be your chance.

  • Proximity to Loved Ones:
    As life changes, many find themselves wanting to move closer to family and friends for support and connection.

  • Improved Quality of Life:
    Whether it’s a shorter commute, better schools, or more access to nature, moving can significantly enhance your daily life.

  • Downsizing or Simplifying:
    For some, the next chapter includes a cozy, low-maintenance home that fits a simpler lifestyle.

If you’re thinking about making a move, ask yourself these important questions:

– What new opportunities or experiences could a change bring to my life?
– How will this move add value, both big and small, to my lifestyle?

The decision to move is rarely easy, especially when that low interest rate feels like an anchor. But sometimes, exploring your options with a knowledgeable agent can open doors you didn’t realize you were waiting for.

Ready to explore what’s next for you? Let’s chat and find out if now is the right time to move!

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