Mortgage demand spikes 20%

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CNBC just reported a 20% spike in mortgage applications —a massive shift in just one week! Why? Interest rates dropped to 6.73%—the lowest since last year!

Here’s What It Means for You:

• Buyers: More affordability = more competition! Now is the time to jump in before rates shift again.
• Sellers: Increased buyer demand means more potential for multiple offers & faster sales!

As always, I’m here to help you navigate the market and make the most of these shifts.

P.S. If you’re considering whether now is the right time for you to buy or sell, just DM me and let’s chat. I’d love to give you some personalized guidance to help you make the best decision.

#RealEstateNews #MarketUpdate #MortgageRates #HomeBuying #HomeSelling