08/18/2024
Your Reporter is on the JOB! Prospective buyers to instead enter the market, now without waiting for lower borrowing costs. Mortgage rates slip just one point, it will unleash a wave of "tremendous demand" that will only add to unaffordability pressures. "You need one more point to bring everybody out into the market, what's going to happen is you're going to pay more the house." 30-year mortgage rate has dropped to 6.366%. In March home prices could jump as much as 8%-10%. So, while the rate is looking good buyers should snap up property now, as they're likely paying costs in the form of rent, anyways. This why I am your License Real Estate Consultant. "I work I get the job done!" DM me.