Interest rate breakdown and your money!
The lowering of rates are making homes more affordable
We have the most Active listings for buyers to choose from since 2019. Yet, the percentage of those listed that are actually selling is down. Why? Affordability. Why? Interest rates. To top it off, home prices have continued to increase despite rates. The good news is interest rates are lowering which makes homes more affordable. Take a look at the monthly payment with rates breakdown as shown, with an explanation of savings with lower rates. The market is shifting and those buyers (specifically the 33-38 millennials), should come out from hiding!