Mortgage Rates: Is this the opportunity you have been waiting for?

Good news for homebuyers! Mortgage rates have dropped significantly compared to last year. This means lower monthly payments and more affordability for those looking to purchase a home.

For example, according to the image, the average 30-year fixed-rate mortgage has decreased from 7.26% to 6.25% in just one year. This translates into a monthly payment savings of $256 on a $425,000 home with a 10% down payment.

If you've been waiting for house prices to drop before buying, now might be the perfect time. With lower mortgage rates, you can potentially afford a larger home or a more desirable neighborhood. Don't miss out on this opportunity to turn your homeownership dreams into a reality!

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Okay, okay.  Here is the secret tip...Shhh, keep this within our circle here.

If you remember my BLOG that talks about how the presedential election will affect the housing market.  Well, there was a secret in there on slide 12.  The secret is everything slows down in October & November on election years.  Now that rates are down, you could have a lower rate and be able to put an offer in on a home you love without competition.  While everyone is distracted, you score!  

How does that sound?  I have a couple of clients doing it at this moment and they are pumped.  There are always opportunities, but you need to be able to see them and then act quickly.  I'm here to help you see what most people are blind to.  

Like the image behind me which states from the legendary business man Michael Scott.  

"You miss 100% of the shots you don't take. - Wayne Gretzky" -Michael Scott

Let me know if you want to get approved with a great lender and get an offer accepted.  

-Andy