3 homebuying advantages to consider this June

Even with today's imperfect mortgage interest rates, homebuying this month could make sense for some buyers. yacobchuk/Getty Images Mortgage interest rates have declined slightly in the opening days of June, giving buyers a glimmer of hope that conditions could improve again. After dropping below 6% multiple times in recent months, rates consistently rose in the final weeks of May and, by May 21 , the average rate on a 30-year term sat at 6.62%. While today's average of 6.49% may not be much better, it's a step in the right direction for borrowers who have been stuck on the sidelines in recent years. And, with some time spent shopping around online for lenders , qualified borrowers with good credit scores may be able to track down rates that are even lower. In other words, there are still ways in which to secure a mortgage rate under 6% this June . That's a good thing for buyers looking to re-enter the market. But it's not the only timely advantage they may want to consider this month. In today's unique economic terrain, there are actually multiple advantages buyers should know about. Below, we'll break down three others worth understanding further this June. Start by seeing how low a mortgage rate you can qualify for here . …