Now is when you should start mapping out your financial solutions for 2024!
Have you been waiting for the right time to get the ball rolling on your second story addition, home theater, or kitchen remodel? Does that dream home still have your name on it?
By putting the equity in your home to work for you, we can help you finance those projects that didn’t quite get off the ground in 2023.
After all, we are in the business of making your dreams come true!
Rates Expected to Stabilize in 2024.
You already know your interest rate has a larger effect on your monthly mortgage payment. The good news is, according to experts, mortgage rates are expected to stabilize throughout 2024!
The mortgage Bankers association (MBA) is forecasting 30-year fixed rates to stay close to where they currently are. Now that makes a good time to act!
No one can be sure to what direction rates will actually go.
For up-to-the-minute news on the market and current rates, give us a call.
Home Prices Continue to Rise!
According to CoreLogic, current home prices are up about 4 percent higher than last year. Prices this year are expected to continue to climb at about the same rate.
When it comes to protecting your real estate investment and building your personal wealth, higher property values are definitely a good thing.
Higher home process may translate to more home equity for you!
On the flipside, rising home prices and interest rates could soon squeeze out home affordability.
Don’t let the greatest things in life pass you by. Before you put this newsletter down, call to schedule your Home Mortgage Analysis!
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