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Freddie Mac (8/24/2023):
“This week, the 30-year fixed-rate mortgage reached its highest level since 2001 and indications of ongoing economic strength will likely continue to keep upward pressure on rates in the short-term. As rates remain high and supply of unsold homes woefully low, incoming data shows that existing homes sales continue to fall. However, there are slightly more new homes available, and sales of these new homes continue to rise, helping provide modest relief to the unyielding housing inventory predicament.”
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
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.
Schedule an Online Consultation:
https://lnkd.in/dSyx2JC
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ArizonaHouseValues.net
Need a Mortgage?
Apply Online at
https://lnkd.in/g2busXE
Search Phoenix Listings at
https://lnkd.in/gkmWvvm
Search New Build Communities at
https://lnkd.in/eRz8h9H
Source: Freddie Mac: https://lnkd.in/eZpg3k86
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