Selling - The Jenn Pfeiffer Team

fade

archive,paged,category,category-selling,category-264,paged-6,category-paged-6,eltd-core-1.3,averly child-child-ver-1.0.1,averly-ver-1.9,,eltd-smooth-page-transitions,eltd-mimic-ajax,eltd-grid-1200,eltd-blog-installed,eltd-main-style1,eltd-disable-fullscreen-menu-opener,eltd-header-standard,eltd-sticky-header-on-scroll-down-up,eltd-default-mobile-header,eltd-sticky-up-mobile-header,eltd-dropdown-default,eltd-,eltd-enable-sidemenu-area-opener,eltd-side-menu-slide-with-content,eltd-width-370,wpb-js-composer js-comp-ver-6.9.0,vc_responsive

Selling

January 18, 2024

Selling

2 Reasons Why Today’s Mortgage Rate Trend Is Good for Sellers

From our friends in KCM If you’ve been holding off on selling your house to make a move because you felt mortgage rates were too high, their recent downward trend is exciting news for you. Mortgage rates have descended since last October when they hit 7.79%. In fact, they’ve been below 7% for over a month now (see graph below): And while they’re not going back to the 3% we saw during the ‘unicorn’ years, they are expected to continue to go down from where they are now in the near future. As Dean Baker, Senior Economist at the Center for Economic Research, explains: “It also appears that mortgage rates are now falling again. They will almost certainly not...