07/11/2022
Just what the doctor ordered! Hopefully, we will continue to see the market stabilize and bring rates back down gradually. There are some great graphs in this article to show how affordable (how much your monthly mortgage will be) for a certain priced house.
If you are interested in selling, you STILL HAVE TONS OF EQUITY to cash in on. If you are thinking you would like to have a lot of cash on hand as more uncertain times approach, let me know how I can help you achieve your family's financial dreams.
Over the past few weeks, the average 30-year fixed mortgage rate from Freddie Mac fell by half a percent. The drop happened over concerns about a potential recession. And since mortgage rates have risen dramatically this year, homebuyers across the country should see this decline as welcome news.