Freddie Mac (April 18, 2024):

“The 30-year fixed-rate mortgage surpassed 7 percent for the first time this year, jumping from 6.88 percent to 7.10 percent this week. As rates trend higher, potential homebuyers are deciding whether to buy before rates rise even more or hold off in hopes of decreases later in the year. Last week, purchase applications rose modestly, but it remains unclear how many homebuyers can withstand increasing rates in the future.”

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:
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Source: Freddie Mac: https://lnkd.in/eZpg3k86