From Freddie Mac:
“Mortgage Rates Exceed Six Percent for the First Time Since 2008
September 15, 2022
Mortgage rates continued to rise alongside hotter-than-expected inflation numbers this week, exceeding six percent for the first time since late 2008. Although the increase in rates will continue to dampen demand and put downward pressure on home prices, inventory remains inadequate. This indicates that while home price declines will likely continue, they should not be large.”

Why wait for worsening rates or economic conditions?
Take advantage of your home’s historic appreciation while you can.
How do you combat inflation?
GET A HELOC – CALL ME TODAY TO GET STARTED.

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

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