Freddie Mac (10/26/2023):
“For the seventh week in a row, mortgage rates continued to climb toward eight percent, resulting in the longest consecutive rise since the Spring of 2022. Rates have risen two full percentage points in 2023 alone and, as we head into Halloween, the impacts may scare potential homebuyers. Purchase activity has slowed to a virtual standstill, affordability remains a significant hurdle for many and the only way to address it is lower rates and greater inventory.”
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
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:
What’s Your Home Worth?
Download an Instant Estimate at
Need a Mortgage?
Apply Online at
Search Phoenix Listings at
Search New Build Communities at
Source: Freddie Mac: https://lnkd.in/eZpg3k86