09/12/2023
🏡📈 Wondering about mortgage rate projections? I would say it’s the number one question I’ve been asked lately!
I know that many of you are curious about where mortgage rates are headed. Here’s a chart from the mortgage bankers association with their forecast over the next year and a half. They project a huge drop, back down into the low 5% range!
But here's the catch – while rates are likely to decrease, home prices are on the rise. 🏠💰 So, here's my advice: It's still a great time to buy a home now! Secure your dream home and start building equity. Then, when rates dip even lower next year, consider refinancing to maximize your savings. 💲💡
If you are interested in buying, I’m here to guide you every step of the way. Feel free to reach out anytime!
Jennifer Burt, Realtor
Charles Burt Realtors 417-499-9448 cell
Your homeownership journey starts here! 🏡✨