David SidoniFirst-time home buyer advocate, podcast host, and real estate pro helping renters become owners with real talk and no BS

Affordable 3.9% & 4.9% interest rates for new homes. #firsttimehomebuyer #howtobuyahomeguy

Name: Affordable 3.9% & 4.9% interest rates for new homes. #firsttimehomebuyer #howtobuyahomeguy
Uploaded: 2025-02-02T15:09:14+00:00
Duration: 47 s
Channel: David Sidoni
Description: Short YouTube video by David Sidoni (uploaded Feb 2, 2025) discussing aggressive builder incentives in some markets—examples in the video include…

2 Feb 2025 · 1 min

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0:47

Short YouTube video by David Sidoni (uploaded Feb 2, 2025) discussing aggressive builder incentives in some markets—examples in the video include $100,000 price cuts and builder-offered mortgage rates around 4.99% or 3.99% for 30-year loans. Sidoni explains these deals often appear when builders are near the end of a sales cycle and emphasizes that offers are region-specific; prospective buyers should research local markets to find such opportunities and weigh buying new versus resale homes based on location-specific conditions.

Chapters

Builders are now getting desperate. If you take a look at this homebuilding community behind me, they are giving $100,000 price cuts as well as 4.99% mortgage rates to home buyers.
So when people ask me if buying a new home is better than buying a resale home, depends on where you live. See, when builders get to the end of their cycle trying to sell the last few homes, they get desperate and they might start offering 4.9% or 3.99% for 30 years. But just like everything, when it comes to buying a home, you don't look at the company that's building the home or some national plan that's going on. All these discounts, these incredible deals that you could be getting, they're specific to your part of the country. So do your research. You could have some killer options.