As mortgage rates rose at a brisk pace last year while prices in North Texas were still at record highs, Harshal Bauskar’s family had to put a pause on their home search last summer.
Like many buyers across the country, they struggled to find a property that fit within their budget and were hopeful that prices and rates would come down.
But finally in January, they found the perfect deal and purchased a home in McKinney in the mid-$600,000s with an interest rate in the 5% range.
