Mortgage demand spikes 20%

CNBC just reported a 20% spike in mortgage applications —a massive shift in just one week! Why? Interest rates dropped to 6.73%—the lowest since last year!

Here’s what it means for you: 

Buyers: More affordability = more competition! Now is the time to jump in before rates shift again. 

Sellers: Increased buyer demand means more potential for multiple offers & faster sales!

As always, I’m here to help you navigate the market and make the most of these shifts.

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P.S. If you’re considering whether now is the right time for you to buy or sell, just DM me and let’s chat  . I’d love to give you some personalized guidance to help you make the best decision.

#RealEstateNews #MarketUpdate #MortgageRates #HomeBuying #HomeSelling

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REALTOR®, Seniors Real Estate Specialist

"Downsizing Made Easy" Certified