Mortgage Rates On the Move

Homeownership just got more affordable with lower mortgage rates making it a great time to buy your dream home.

In 2022, mortgage rates rose, and activity in the housing market slowed down, putting buyers on the fence about purchasing a home.

However, rates are now beginning to come down, and buyers are reentering the market.

According to Lawrence Yun, Chief Economist of the National Association of Realtors, and I quote, “The upcoming months should see a return of buyers, as mortgage rates appear to have already peaked and have been coming down since mid-November.”

This is good news for homebuyers! Finding your home can be a journey, but taking the first step is the hardest part.

Connect with us at 619-851-6028 so we can align you with a great lender and start the process of finding your dream home today.

With our extensive knowledge of the local real estate market, we can help you find that perfect home that checks all your boxes. As an experienced agent, I will guide you through one of the most exciting journeys, purchasing a home to call your own.

This is Betty Torano with Big Block Realty.

Keeping It Simple, Keeping It Real

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