Here we discuss the latest mortgage rate trends and offered reassurance to homeowners who bought before rates fell. As predicted, rates dropped sharply from October to December, reaching a 7-month low.
As we enter January, we're keeping a close eye on economic indicators like the CPI and jobs reports to gauge where rates might head next. For those worried about buying at higher rates, remember that real estate is a long-term game, and with the right strategy, like no-cost refinancing, you can still come out on top. If you're eager to learn about that strategy I wrote on it a few years ago here: "Refinance without Risk"
Stay tuned for more insights by following me on Threads, and for a broader look at the market, check out my Instagram or LinkedIn
Reach out anytime—I'm here to help you navigate your mortgage options.