Lower rates often lead to higher home prices. Why? It's pretty simple—when mortgage rates drop, more people can afford to buy, which drives up demand. Here's a fact: a 1% drop in mortgage rates not only boosts your buying power by 10% but also opens the door for 5 million more potential homebuyers. Thinking about waiting? Don’t! You can always refinance your mortgage later, but you can't lock in today’s home prices tomorrow. Let’s break down the numbers together—send me a DM!
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Lower rates often lead to higher home prices. Why? It's pretty simple—when mortgage rates drop, more people can afford to buy, which drives up demand. Here's a fact: a 1% drop in mortgage rates not only boosts your buying power by 10% but also opens the door for 5 million more potential homebuyers. Thinking about waiting? Don’t! You can always refinance your mortgage later, but you can't lock in today’s home prices tomorrow. Let’s break down the numbers together—send me a DM!
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Exciting news for home buyers! Mortgage rates have dropped significantly this week, offering fresh opportunities for those looking to buy or refinance. With more homes hitting the market, now is a great time to explore your options. Let us help you finance your dream home! Check out this article on how recent changes in mortgage rates and housing inventory could benefit your home buying journey: https://bit.ly/4dihcdy
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Upcoming Rate Cut Alert for Homebuyers 🏡 The Fed might lower interest rates soon, which could impact your home buying journey. Here’s what you should know: 🔻 Lower Mortgage Rates: Potentially lower your monthly payments and buy more home. 🔻 Easier Qualifications: It may be easier to qualify for a mortgage. 🔻 Increased Demand: More competition could push up home prices. 🔻 Better Affordability: Reduced rates can make homes more affordable. 🔻 More Inventory: Increased affordability might lead to more homes for sale. Found your dream home? Don’t wait—consider buying before the official rate cut! To learn more about how I can help you on this journey, visit https://lnkd.in/gUDCpfVP
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Let’s explore your buying power!!
Exciting news for home buyers! Mortgage rates have dropped significantly this week, offering fresh opportunities for those looking to buy or refinance. With more homes hitting the market, now is a great time to explore your options. Let us help you finance your dream home! Check out this article on how recent changes in mortgage rates and housing inventory could benefit your home buying journey: https://bit.ly/4dihcdy
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The Federal Reserve recently reduced interest rates by 0.50%, bringing great news for potential homebuyers. Here's how this impacts you: 🏠 Lower Mortgage Rates – Rate cuts often lead to decreased mortgage rates, making it easier to buy a new home or refinance. The mortgage market often “prices in” rate cuts before they happen, meaning buyers could benefit from expected future cuts before they occur. 📈 Increased Affordability – With lower rates, monthly payments drop, potentially opening up options for homes previously out of reach. 💰 Refinancing Opportunities – If you already own a home, now could be the ideal time to refinance and secure a lower rate. I am always here to help you navigate your options! Reach out today for personalized guidance.
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One question we get frequently asked: Is it worth it to pay discount points? 🤔 In Steve’s opinion, generally the answer is no! When you pay discount points, it will typically take 3-5 years to make back your money. You will more than likely refinance before then when rates come down! Contact the Koerner Mortgage Team for expert mortgage advice. 😊
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Real estate news for you How Mortgage Rate Changes Impact Your Homebuying Power If you’re thinking about buying or selling a home, you’ve probably got mortgage rates on your mind. That’s because you’ve likely heard that mortgage rates impact how much you can afford in your monthly mortgage payment, and you want to factor that into your planning. Here’s what you need to know. What’s Happening with Mortgage Rates? Mortgage rates have been trending down recently. While that’s good news for your homebuying plans, it’s important to know that rates can be unpredictable because they’re affected by many factors. Things like the economy, job market, inflation...
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Today's hottest information about today's market. This Is the Sweet Spot Homebuyers Have Been Waiting For After months of sitting on the sidelines, many homebuyers who were priced out by high mortgage rates and affordability challenges finally have an opportunity to make their move. With rates trending down, today’s market is a sweet spot for buyers—and it’s one that may not last long. The truth is, if mortgage rates continue to ease, as experts project, more buyers will jump back into the market. A survey from Bankrate shows over half of homeowners would be motivated to buy this year if rates drop below 6%. With rates already in the low 6% range, we’re...
This Is the Sweet Spot Homebuyers Have Been Waiting For
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The decision to purchase a home is a significant milestone in anyone’s life, often accompanied by careful consideration and planning. In the ever-changing landscape of the real estate market, one factor that can greatly impact your homebuying journey is mortgage rates. In this article, I’ll delve into the compelling reasons why now might be the opportune time to buy a home before mortgage rates take a dip. READ MY BLOG TO FIND OUT WHY ➡️ https://ow.ly/N4lh50QIzPt
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This Is the Sweet Spot Homebuyers Have Been Waiting For? After months of sitting on the sidelines, many homebuyers who were priced out by high mortgage rates and affordability challenges finally have an opportunity to make their move. With rates trending down, today’s market is a sweet spot for buyers—and it’s one that may not last long. Read More : https://buff.ly/3ZQNRmy
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