Beat The Rush!

Interest rates for building homes are currently higher than usual, and many potential homeowners are understandably concerned about the impact of tariffs and these elevated rates. Here's our perspective: so far, tariffs have not caused significant price increases. In fact, the price hikes experienced during the height of the COVID-19 pandemic were far greater than anything tariffs are likely to cause. At present, material and labor costs remain relatively low, which benefits those looking to build now.
If interest rates do drop within the next year as we anticipate, construction schedules will quickly become very busy. This rush will drive labor costs up, and material prices will increase as factories ramp up production to meet demand. Ultimately, this cycle will lead to higher overall building costs.
By locking in your project now, you can take advantage of the current lower labor and material costs. Using a construction-to-permanent loan allows you to secure a fixed 30-year interest rate once construction is completed, which is often when rates are lower than during the building phase.
Starting your build now is a smart way to save money in the long run. We currently have openings and can schedule your project promptly. Don’t hesitate—contact us today to get started.