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Freddie Mac (February 15, 2024):
“On the heels of consumer prices rising more than expected, mortgage rates increased this week. The economy has been performing well so far this year and rates may stay higher for longer, potentially slowing the spring homebuying season. According to Freddie Mac data, mortgage applications to buy a home so far in 2024 are down in more than half of all states compared to a year earlier.”
Take advantage of your home’s historic appreciation while you can.
How do you combat inflation?
Tap into your home equity.
What can you do with your Home Equity?
Pay off Student Loans
Consolidate Debt
Home Improvements
Lower Your Rate And/Or Term
Eliminate Mortgage Insurance
Free Up Money To Invest
Buy Another Home
Call or message me today to discuss options.
I am your One-Stop for Real Estate and Mortgages.
Schedule an Online Consultation:
https://lnkd.in/dSyx2JC
What’s Your Home Worth?
Download an Instant Estimate at
ArizonaHouseValues.net
Search Phoenix Listings at
https://lnkd.in/gkmWvvm
Search New Build Communities at
https://lnkd.in/eRz8h9H
Source: Freddie Mac: https://lnkd.in/eZpg3k86