Freddie Mac (February 22, 2024):

“Strong incoming economic and inflation data has caused the market to re-evaluate the path of monetary policy, leading to higher mortgage rates. Historically, the combination of a vibrant economy and modestly higher rates did not meaningfully impact the housing market. The current cycle is different than historical norms, as housing affordability is so low that good economic news equates to bad news for homebuyers, who are sensitive to even minor shifts in affordability.”

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

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