We received this news from the NRA today and we’ve all been watching and waiting!
The 30-year fixed-rate mortgage averaged 5.98% this week—its lowest point in three-and-a-half years. The drop could potentially unlock millions of new buyers who had been sidelined by affordability constraints when rates hovered around 7% just over a year ago. An analysis of National Association of REALTORS®’ Metro Market Dashboard shows that an additional 5.5 million households now stand to qualify for a mortgage.
Read the full article published by the NRA Here! https://www.nar.realtor/magazine/real-estate-news/mortgage-rate-milestone-30-year-fixed-drops-below-6?utm_term=D07825D2-A428-4890-B224-68C239FB0573&lrh=b5544e102f4702c6c0a25d30536421a848d8324a01d27d86b1f617db2521190a&utm_campaign=3BFA9068-DFBC-477B-BC94-C168B9A999F1&nwsltr=navnar&utm_content=008F7A32-52AC-4397-893C-3CC7B5BD1F1D
At Mountain Realty Group we are committed to bringing the best experience possible in their real estate transaction. As your advocate in buying or selling, we work to bring the very best result for everyone concerned. Listening to our clients and their goals is a critical part of our success. We want to hear from you. We are accountable to you.
If any of our fabulous team members can offer help for your upcoming real estate journey, we are here to help. Start by making an appointment for us to listen to your needs and respond with a plan with your needs in mind.
