Ready to buy a home? You’re in luck! Summer is a great time for home buying, and here’s why:

Lock in Low Mortgage Rates.

Even though mortgage rates have been on the rise through 2015, they are still extremely low in a historic sense. Zillow is projecting that rates will increase to five percent by the end of the year, so it makes sense to lock in the low (approximately four percent) rates while you still can. A one percent raise in your interest rate will translate into hundreds of dollars lost every year over the course of your loan, so it’s extremely important to act while you still can.

Rent Increases.

Rents are increasing at an astronomical rate, so if you have the financial means to buy a home, now’s the time to do it. It’s better to put your monthly payments toward a mortgage than rent so you can build up equity in your home. The sooner you do this, the better off financially you will be!

Take Advantage of School Breaks.

If you’re going to buy a new home and move, you might as well do it while your children are out of school. If you move during the school year, you are adding on another layer of stress and accountability to both you and your children’s lives as you try to switch from one educational system to another.

Housing Market Confidence.

The confidence Americans have in the housing market is currently at an all-time high. What this means for you as a buyer is that more

Available Loans.

Because there is more confidence in the housing market, more loans are being made available to buyers all across the United States. Lenders are much more trusting with their loans now and getting a mortgage is easier than ever. Even if you have a less-than-ideal credit score, down payment, or income, there are so many different lenders and loan types that are willing to work with your individual situation.