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Mortgage rates hold strong as the real estate market gets a little pep in its step
Personally, I saw a lot of mortgage applications come in over the weekend, buyers out and about, confirmation from people working open houses there was more activity in the market. People starting to see rates have stabilized and sellers starting to understand what they need to do to make buyers pull the trigger. This is all just part of the process, but this is most definitely NOT what a crash looks like. Hope this video and these articles help! Links below :)
GET A FREE LOAN QUOTE - FAST! All I need is the following:
- Loan amount
- Home Value (purchase price)
- Approx credit score
- Condo/Detached
- State property is in
NEED A REALTOR IN San Diego? I know some of the absolutely best and happy to refer you to someone that works specifically in the area important to you.
Derrick Evens, Home Loan Specialist, NMLS 155010
Derrick@DerrickEvens.com
619.952.2046
#sandiegorealestate #realestate #mortgage #valoan #realestateinvesting #mortgagerates
LINKS:
https://www.forbes.com/sites/jonathanponciano/2022/07/18/housing-market-meltdown-intensifies-homebuilders-halt-construction-as-confidence-plunges-to-2-year-low/?sh=5024083e6756
https://finance.yahoo.com/news/fed-interest-rates-july-goldman-sachs-105949509.html
https://www.cnbc.com/2022/07/18/goldman-sachs-gs-2q-2022-earnings.html
https://www.cnbc.com/2022/07/18/bank-of-america-bac-2q-2022-earnings-.html
https://www.cnbc.com/2022/07/18/crypto-miners-moved-over-300-million-of-bitcoin-in-one-day.html
https://www.investors.com/etfs-and-funds/sectors/sp500-companies-profit-is-about-to-boom-350-or-more/?src=A00220
https://finance.yahoo.com/news/ibm-beats-quarterly-revenue-estimates-200938752.html
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